Sydney's Fairlight among top 10 quickest selling suburbs
The Sydney suburb of Fairlight is among the top 10 fastest selling suburbs across Australia, according to Investar’s latest June report.
Units in Fairlight stay on the market for 42 days before being sold.
Recently a two bedroom unit at 3/36 Rosedale Avenue (above) was listed for 14 days before it was sold for $900,000.
Similarly a three bedroom unit at 8/52 Griffiths Street (below) was listed for 22 days before it was sold for $1.51 million.
Suburb
State | Postcode | Dwelling | Bedrooms | Days on market | Current median price | |
NSW | 2133 | Unit | Studio and 1 | 38 | $412,500 | |
Kensington | VIC | 3031 | House | 2 | 39 | $775,000 |
Bowden | SA | 5007 | Unit | Studio and 1 | 40 | $340,000 |
Annandale | NSW | 2038 | House | 4 | 41 | $2,500,000 |
Woolloomooloo | NSW | 2011 | Unit | Studio and 1 | 41 | $800,000 |
Beecroft | NSW | 2119 | House | 3 | 42 | $1,350,000 |
NSW | 2094 | Unit | 2 | 42 | $900,000 | |
Narraweena | NSW | 2099 | House | 3 | 43 | $1,250,000 |
VIC | 2162 | House | 3 | 44 | $1,100,000 | |
Allambie Heights | NSW | 2100 | House | 3 | 45 | $900,000 |
The median price of a unit in Fairlight is $1,317,500, which has increased compared to last year’s median price of $1.22 million.
Fairlight has 3252 website listing visits compared to most suburbs of NSW’s 797.
The majority of residents are established, independent residents accounting for 22% of the residents in the area.