At number 336th in the list of Australian suburbs ordered by increase in median house value over the last year, Fairy Meadow, 2519 is in the top 10% with a property value increase of 21.02% recorded in median house prices.
When looking at the potential capital gains offered to property investors over the last 3 years, Fairy Meadow comes in at number 123th in NSW.
Property investors looking for a bargain in Fairy Meadow should be aiming for at least -2.22% off the asking price, which is the average vendor discount being achieved at the moment.
Property value increases in Fairy Meadow have tracked higher than the NSW average of 6.96% over the last 12 months.
Fairy Meadow,2519 has offered an average of 28.40% return per annum in house price rises to property investors over the last three years.
LACK OF BUYER INTEREST may well be the reason that Fairy Meadow is offering property investors an average of -4.23. This rate of discount on properties puts Suburb at number 310th in terms of most discounted suburbs in NSW
With the median price for a house in Fairy Meadow being $520000 and the advertised rent reaching $390 the gross rental yield for property investors calculates out to be 3.90%