Fairfield West is a well-established suburb in New South Wales within the Fairfield local government area (postcode 2165). With a population of 12,981, the suburb has a mix of young professionals and families with a median age of 36. Households earn a median income of $74K per year, with an average household size of 3.4 people. The most common occupations are machinery operators & drivers, professionals, clerical & administrative. The top ancestries reported are Vietnamese, Australian, Chinese.
The median house price in Fairfield West is $1.2 million, having risen modestly 0.8% over the past year. Units have a median price of $580,000 (+1.2% YoY). The current median weekly rent is $630. This gives a gross rental yield of approximately 2.6%. The median monthly mortgage repayment is $2,000.
Fairfield West is served by 3 schools, including 1 primary, 2 secondary. The average ICSEA score is 931, which is below the national average of 1,000. Public transport access includes 47 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 West offers a gross rental yield of 2.6%, rated as low yield. Property prices are near the state median ($1.2M/$1.5M). The price-to-income ratio of 16.7x is considered stretched. House prices have moved +0.8% year-on-year.
Fairfield West is a well-established suburb in New South Wales within the Fairfield local government area (postcode 2165). With a population of 12,981, the suburb has a mix of young professionals and families with a median age of 36. Households earn a median income of $74K per year, with an average household size of 3.4 people. The most common occupations are machinery operators & drivers, professionals, clerical & administrative. The top ancestries reported are Vietnamese, Australian, Chinese.
The median house price in Fairfield West is $1.2 million, having risen modestly 0.8% over the past year. Units have a median price of $580,000 (+1.2% YoY). The current median weekly rent is $630. This gives a gross rental yield of approximately 2.6%. The median monthly mortgage repayment is $2,000.
Fairfield West is served by 3 schools, including 1 primary, 2 secondary. The average ICSEA score is 931, which is below the national average of 1,000. Public transport access includes 47 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 West offers a gross rental yield of 2.6%, rated as low yield. Property prices are near the state median ($1.2M/$1.5M). The price-to-income ratio of 16.7x is considered stretched. House prices have moved +0.8% year-on-year.