This property is Off Market
With an average age of 29, households expect an average monthly mortgage payment of $1,695 or a weekly rent payment of $390. The average family earns a weekly income of $1,401 with a typical household size of 2 and a 92.71% employment rate.
Good balance between supply and demand ensures a range of affordable options within budget limits. Recent increases in listings may provide buying opportunities. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Fairy Meadow due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. A mix of professions and above average income earners in Fairy Meadow provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Medium density in Fairy Meadow necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. Higher than average industry presence in the wider area offering local employment yet with not a large negative impact on local amenity, provides good demand and price growth.
(Country of Birth not stated 9%)
Balgownie - Fairy Meadow a good, bad, or just average location in which to invest in property? Should you be buying, or selling, property right now? Our Investability scores provide comparative insights into the investment potential for every suburb across Australia.
Investability - Housing Demand
New South Wales State average 59 / 100
Income
34 / 100
31 / 100
Industry
30 / 100
22 / 100
Population
31 / 100
19 / 100
House Prices
57 / 100
60 / 100
Jobs
37 / 100
29 / 100
Incidents Trend State Average
Mount Ousley Public School
Fairy Meadow, NSW, 2519 State K-6
Keira High School
Fairy Meadow, NSW, 2519 State 7-12
Wollongong High School of the Performing Arts
Fairy Meadow, NSW, 2519 State 7-12
Towradgi Public School
Fairy Meadow, NSW, 2519 State K-6
Good Samaritan Catholic Primary School
Fairy Meadow, NSW, 2519 Independent K-6
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134 Acme Avenue Street, Town, State
Description - Details the application. Type and other information pertaining to the development application and more...
Authority Reference: UX0909823-GOV Website
The Residz risks assessments are composed from data attributes which are generally accepted to indicate higher or lower risk presence likelihood for that condition for any address or locality. They do not however determine the exact presence of that risk for any specific property. The Residz Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice. While Residz uses commercially reasonable efforts to ensure the Residz Data is current, Residz does not warrant the accuracy, currency or completeness of the Residz Data and to the full extent permitted by law excludes liability for any loss or damage howsoever arising (including through negligence) in connection with the Residz Data. Historical prices and trends are not a guarantee of future prices and trends.
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