Cabramatta West is a mid-sized suburb in New South Wales within the Fairfield local government area (postcode 2166). With a population of 7,822, the suburb has a mix of young professionals and families with a median age of 37. Households earn a median income of $78K per year, with an average household size of 3.5 people. The most common occupations are machinery operators & drivers, professionals, labourers. The top ancestries reported are Vietnamese, Chinese, Australian.
The median house price in Cabramatta West is $1.1 million, having dropped significantly 21.6% over the past year. Units have a median price of $1.1 million (+78.9% YoY). The current median weekly rent is $500. This gives a gross rental yield of approximately 2.4%. The median monthly mortgage repayment is $1,950.
Public transport access includes 27 bus stops. The crime rate in the Fairfield LGA is below average at 2,226 incidents per 100,000 population.
From an investment perspective, Cabramatta West offers a gross rental yield of 2.4%, rated as low yield. Property prices are near the state median ($1.1M/$1.5M). The price-to-income ratio of 13.9x is considered stretched. House prices have moved -21.6% year-on-year.
Cabramatta West is a mid-sized suburb in New South Wales within the Fairfield local government area (postcode 2166). With a population of 7,822, the suburb has a mix of young professionals and families with a median age of 37. Households earn a median income of $78K per year, with an average household size of 3.5 people. The most common occupations are machinery operators & drivers, professionals, labourers. The top ancestries reported are Vietnamese, Chinese, Australian.
The median house price in Cabramatta West is $1.1 million, having dropped significantly 21.6% over the past year. Units have a median price of $1.1 million (+78.9% YoY). The current median weekly rent is $500. This gives a gross rental yield of approximately 2.4%. The median monthly mortgage repayment is $1,950.
Public transport access includes 27 bus stops. The crime rate in the Fairfield LGA is below average at 2,226 incidents per 100,000 population.
From an investment perspective, Cabramatta West offers a gross rental yield of 2.4%, rated as low yield. Property prices are near the state median ($1.1M/$1.5M). The price-to-income ratio of 13.9x is considered stretched. House prices have moved -21.6% year-on-year.