With a capital gain of 5.47% for the last 12 months, Fairview Park, 5126 has performed for property investments than its average annual 4.11% property growth over the last 5 years.
Fairview Park,5126 was ranked 2733 in Australia by increase in median property value over the quarter.
State is the 5th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.34% offered to property buyers. Sellers in Fairview Park itself are offering an average vendor discount of -6.18% to real estate investors.
A $355 per week rent on the median house gives suburb investors a gross yield of circa 4.67%, without taking into account capital value appreciation, which has been averaging out at 4.11%.