Fairy Meadow has had a A very good year for property investment returns compared to the rest of NSW, giving investors a capital gain of 18.46% to date .
Comparing Fairy Meadow,2519 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
State is the 6th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.26% offered to property buyers. Sellers in Fairy Meadow itself are offering an average vendor discount of -3.51% to real estate investors.
With the median price for a house in Fairy Meadow being $847000 and the advertised rent reaching $500 the gross rental yield for property investors calculates out to be 3.07%
Over the last year, property investments in Fairy Meadow, 2519 have given investors a capital gain of 9.57%. This compares favourably with the 7.48% for NSW as a whole.
A 46.09% growth in median value for property investors in Fairy Meadow,2519 puts this suburb at number 499th in terms of best performing suburbs in NSW
Vendor discounting in Fairy Meadow is giving property investors an average Vendor Discount of around -2.91%. This puts suburb at number 387th in NSW when ranking the most discounted suburbs.
Using the current median advertised rental of $400 and the average annual increase in value of a median property of 10.64%, investors should hope to achieve an overall return of 4.13%