Fairfield East is a mid-sized suburb in New South Wales within the Fairfield local government area (postcode 2165). With a population of 5,198, the suburb has a mix of young professionals and families with a median age of 37. Households earn a median income of $63K per year, with an average household size of 3.2 people. The most common occupations are professionals, labourers, machinery operators & drivers. The top ancestries reported are Vietnamese, Chinese, Australian.
The median house price in Fairfield East is $1.7 million, having surged 45.8% over the past year. Units have a median price of $590,000 (-40.4% YoY). The current median weekly rent is $630. This gives a gross rental yield of approximately 2.0%. The median monthly mortgage repayment is $1,900.
Fairfield East is served by 2 schools, including 1 primary, 1 special. The average ICSEA score is 913, which is below the national average of 1,000. Public transport access includes 38 bus stops. The crime rate in the Fairfield LGA is below average at 2,226 incidents per 100,000 population.
From an investment perspective, Fairfield East offers a gross rental yield of 2.0%, rated as low yield. Property prices are near the state median ($1.7M/$1.5M). The price-to-income ratio of 26.5x is considered stretched. House prices have moved +45.8% year-on-year.
Fairfield East is a mid-sized suburb in New South Wales within the Fairfield local government area (postcode 2165). With a population of 5,198, the suburb has a mix of young professionals and families with a median age of 37. Households earn a median income of $63K per year, with an average household size of 3.2 people. The most common occupations are professionals, labourers, machinery operators & drivers. The top ancestries reported are Vietnamese, Chinese, Australian.
The median house price in Fairfield East is $1.7 million, having surged 45.8% over the past year. Units have a median price of $590,000 (-40.4% YoY). The current median weekly rent is $630. This gives a gross rental yield of approximately 2.0%. The median monthly mortgage repayment is $1,900.
Fairfield East is served by 2 schools, including 1 primary, 1 special. The average ICSEA score is 913, which is below the national average of 1,000. Public transport access includes 38 bus stops. The crime rate in the Fairfield LGA is below average at 2,226 incidents per 100,000 population.
From an investment perspective, Fairfield East offers a gross rental yield of 2.0%, rated as low yield. Property prices are near the state median ($1.7M/$1.5M). The price-to-income ratio of 26.5x is considered stretched. House prices have moved +45.8% year-on-year.