Located in New South Wales within the Fairfield local government area, Fairfield Heights is a moderately sized suburb (postcode 2165). The area has roughly 8,269 residents and an established demographic, with a median age of 38. Households earn a median income of $67K per year, with an average household size of 3.4 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +0.6% year-on-year at the LGA level. NSW employment has moved +0.3% year-on-year in the official Jobs and Skills Australia NERO series, which provides the broader jobs backdrop for this suburb. NSW also had 37 Commonwealth-backed major projects under construction, 5 underway, and 75 in planning as at 2 October 2024, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are labourers, professionals, clerical & administrative. Employment in the area leans toward healthcare and retail trade. The top ancestries reported are Vietnamese, Chinese, Australian.
Fairfield Heights has a median house price of $1.3 million, which has risen steeply by 12.3% year-on-year. Units have a median price of $879,000 (+9.8% YoY). The current median weekly rent is $598. This gives a gross rental yield of approximately 2.4%. The median monthly mortgage repayment is $2,167.
Public transport access includes 4 rail stations, 9 bus stops. The crime rate in the Fairfield LGA is below average at 2,252 incidents per 100,000 population.
From an investment perspective, Fairfield Heights shows a gross rental yield of approximately 2.4%, rated as low yield. Property prices are near the state median ($1.3M/$1.5M). The price-to-income ratio of 19.5x is considered stretched. House prices have moved +12.3% year-on-year. Population growth of +0.6% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.