Fairlight is a mid-sized suburb in New South Wales within the Northern Beaches local government area (postcode 2094). With a population of 6,141, the suburb has an established demographic with a median age of 39. Households earn a median income of $169K per year, with an average household size of 2.4 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Irish.
The median house price in Fairlight is $4.1 million, having surged 16.3% over the past year. Units have a median price of $1.1 million (-38.8% YoY). The current median weekly rent is $1000. This gives a gross rental yield of approximately 1.3%. The median monthly mortgage repayment is $3,467.
Public transport access includes 28 bus stops. The crime rate in the Northern Beaches LGA is low at 1,499 incidents per 100,000 population.
From an investment perspective, Fairlight offers a gross rental yield of 1.3%, rated as low yield. Property prices are above the state median ($4.1M/$1.5M), placing it in the premium segment. The price-to-income ratio of 24.4x is considered stretched. House prices have moved +16.3% year-on-year.
Fairlight is a mid-sized suburb in New South Wales within the Northern Beaches local government area (postcode 2094). With a population of 6,141, the suburb has an established demographic with a median age of 39. Households earn a median income of $169K per year, with an average household size of 2.4 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Irish.
The median house price in Fairlight is $4.1 million, having surged 16.3% over the past year. Units have a median price of $1.1 million (-38.8% YoY). The current median weekly rent is $1000. This gives a gross rental yield of approximately 1.3%. The median monthly mortgage repayment is $3,467.
Public transport access includes 28 bus stops. The crime rate in the Northern Beaches LGA is low at 1,499 incidents per 100,000 population.
From an investment perspective, Fairlight offers a gross rental yield of 1.3%, rated as low yield. Property prices are above the state median ($4.1M/$1.5M), placing it in the premium segment. The price-to-income ratio of 24.4x is considered stretched. House prices have moved +16.3% year-on-year.