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Fairlight, NSW 2094

If you’re looking to buy, rent, or invest in property, it’s important to do your research on the suburb first. This includes looking at house prices, real estate rental market data, and other advanced metrics. Here, we’ve compiled that information for Fairlight, NSW 2094 located in Sydney to help you make an informed decision about your property choice in this suburb.





Market Snapshot

This page provides an overview of the area’s real estate market. The data in this snapshot illustrates typical price, median rent and gross yield metrics for this suburb. You are able to visualise these 3 key metrics as well as other important indicators in the dashboard section that follows.

Buy 

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Rent 

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Yield 

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Buy 

1BR

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Rent 

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Lower Risk RCS™

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Capital Growth RCS™

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Cashflow RCS™

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Essentials
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Yield chart
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GRC chart
Fundamentals
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IRSAD chart
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Renters to owners pie chart
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unit to houses pie charts
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Demand chart
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Inventory chart
Supply

Stock on Market

Inventory

Hold Period

Building Approvals

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SOM chart
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Inventory chart
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Inventory chart
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Hold chart
Demand

Days on Market

Vacancy Rate

Clearance Rate

Search Index

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DOM chart
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Inventory chart
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Index chart
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Auction chart

How was this calculated? Typical Price is a continuous metric calculated via a process called data fitting. Median Rent is weekly advertised rent based on rentals over the preceding 12 months. Gross Yield is Median Rent x 52 x 100 / Typical Price. To discover additional information, click the “i” icon in the top left corner of each graph or visit the Data Dictionary page.

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0 thoughts on “Fairlight, NSW 2094”

  1. The total adult population (15 years or older) of Fairlight 2094 NSW is 5,083, with a median age of 39. Of those, 47.28% are married, 10.86% are divorced or separated, 38.50% are single and 3.27% are widowed.

    The average household size is 2.4 people per dwelling, and the median household monthly income is estimated to be $16,748. The median monthly mortgage repayment for households in this suburb is $3,467 which is 20.70% of their earnings.

    Source: ABS Census Data (2021)

  2. The suburb of Fairlight, bearing the postcode 2094, is nestled within the state of New South Wales. With an estimated 2,848 households calling this suburb home, Fairlight boasts of a community that is diverse and vibrant. As we delve into the third quarter of 2023, the typical prices for houses in Fairlight are marked at an impressive $3,256,786, while the median weekly rent stands at a hefty $1,586. These figures reveal an indicative yield of 2.53%.

    Fairlight’s socio-economic status paints a rather affluent picture, with an IRSAD score of 1171 out of 1217. This indicates a high proficiency in economic resources and a community thriving in skilled professions with substantial income levels. Nonetheless, the renter to owner ratio, standing at 35%, does give some cause for caution. While not entirely unfavorable, investors should be wary of potential risks tied to markets saturated with rental properties.

    Delving deeper into rental properties, we find that Fairlight exhibits a units to houses ratio of 63%. The higher presence of units can be a concern as they tend to saturate the market and could potentially result in an oversupply, impacting the returns for landlords.

    The suburb’s affordability index measuring at 76 years is a key indicator of decreased affordability in the area, with typical prices outweighing median family income and current interest rates. This detail could potentially deter investors seeking areas where residents have high affordability.

    Assessing the supply metrics, the stock on market Percentage for houses in Fairlight stands low at 0.21%, signifying a promising market with limited supply. A glance at the inventory level for houses also suggests a favourable low supply market, with values resting at a mere 0.8 months.

    Interestingly, the building approvals ratio for houses is at 0.0%, marking a notable low supply indicator. Adding to the favourable market conditions, the average number of days that ‘for sale’ listings remain active on websites or days on market (DoM), measures a short 26 days, indicating a high demand for property in the area.

    Dotted amongst an overall favourable marker landscape, the vacancy rate for combined houses and units does point towards a moderate demand at 2.3%. Concurrently, the buy search index for houses is at a value of 4, signalling neutral demand in the online property market.

    These analyses underscore the pivotal role of market data in making real estate investment decisions. Staying updated with the latest real estate trends and developments can unveil potential opportunities for substantial returns and capital gains in prime investment suburbs like Fairlight.

    For further comprehensive analysis, it is recommended to utilise the Relative Composite Score (RCS) metric developed by HtAG Analytics which evaluate over 80 metrics, optimising the quality of research for investment in the property market.

    It’s important to note that the above analysis provides a snapshot of current value metrics but doesn’t consider metric trends, which can also significantly influence investment decisions. Moreover, some metrics have greater importance than others based on various factors, a nuance that must be understood for a holistic analysis.

    Join HtAG Analytics to visualise these metrics trends, and gain a deeper understanding of their importance. By becoming part of HtAG Analytics, you will be empowered to make informed decisions, discerning which metrics are more significant in the context of your property investment strategy.

    This content serves to inform and does not constitute investment advice. Property investment involves risks and uncertainties, and professional advice should be sought before making any investment decisions. By leveraging expert guidance, potential investors can ensure a comprehensive understanding of the complex property investment landscape.

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