Fairfield Heights is a mid-sized suburb in New South Wales within the Fairfield local government area (postcode 2165). With a population of 8,269, the suburb has 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. The most common occupations are labourers, professionals, clerical & administrative. The top ancestries reported are Vietnamese, Chinese, Australian.
The median house price in Fairfield Heights is $2.4 million, having surged 81.5% over the past year. Units have a median price of $901,000 (+2% YoY). The current median weekly rent is $630. This gives a gross rental yield of approximately 1.4%. 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 2,226 incidents per 100,000 population.
From an investment perspective, Fairfield Heights offers a gross rental yield of 1.4%, rated as low yield. Property prices are above the state median ($2.4M/$1.5M), placing it in the premium segment. The price-to-income ratio of 35.2x is considered stretched. House prices have moved +81.5% year-on-year.
Fairfield Heights is a mid-sized suburb in New South Wales within the Fairfield local government area (postcode 2165). With a population of 8,269, the suburb has 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. The most common occupations are labourers, professionals, clerical & administrative. The top ancestries reported are Vietnamese, Chinese, Australian.
The median house price in Fairfield Heights is $2.4 million, having surged 81.5% over the past year. Units have a median price of $901,000 (+2% YoY). The current median weekly rent is $630. This gives a gross rental yield of approximately 1.4%. 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 2,226 incidents per 100,000 population.
From an investment perspective, Fairfield Heights offers a gross rental yield of 1.4%, rated as low yield. Property prices are above the state median ($2.4M/$1.5M), placing it in the premium segment. The price-to-income ratio of 35.2x is considered stretched. House prices have moved +81.5% year-on-year.