Statistics on Property in Fairy Meadow

Area Profile

The size of Fairy Meadow is approximately 5 square kilometres. It has 19 parks covering nearly 20% of total area.

The population of Fairy Meadow in 2001 was 5,419 people. By 2006 the population was 6,418 showing a population growth of 18% in the area during that time.

The predominant age group in Fairy Meadow is 20-29 years.

Households in Fairy Meadow are primarily dominated by single parents and are likely to be paying $800 – $1000 per month on mortgage repayments.

In general, people in Fairy Meadow work in a non-specific occupation.

Currently the median sales price of houses in the area is 427,500.

Here are the statistics for Houses in Fairy Meadow:

As can be seen above, as of 2008 capital growth in median prices for houses in Fairy Meadow and in Wollongong is increasing having an increase of 9% last year. We can expect it to increase this year if it follows the same trend.

In 2001, 57.8% of the homes in Fairy Meadow were owner-occupied compared with 56.1% in 2006 which maybe the reason why 2001 has a larger capital growth in median percentage compared to 2006.

If you look at the graph above, you can see the average sale price of houses for different months in different years. We can see that there is an increase in sale prices as each year ends. If this trend is followed every year, it is then wise for a seller to sell their house in the later months of the year. We can also get average sales per year from the table above the graph. 2010 has a larger average sale price of 406916.66 for each month compared to 2009 with 406916.66 for each month.

The bar graph above shows comparison of the number of house sales per year. There is no definite trend but we hope to expect more sales each year to achieve a good real estate industry in the country.

The graph above shows prices of house sold in Fairy Meadow in the last twelve months. We can see that most houses sold are priced between 401,000- 500,000 AUD.

Here are the statistics for units in Fairy Meadow:

There is a major increase in capital growth in median sales for units in Fairy Meadow. We can see a dramatic increase from 12.6% in 2009 to 44.7% in 2010.

The bar graph above shows the number of unit sales per year for the last 10 years. Again there is no significant trend in the number of unit sales per year the same as there was no trend in the number of house sales per year. Although we can see that there is a big number of units sold last year with a total of 114 sales.

The last graph indicates that most unit sales in the last 12 months range from 301,000 to 500,000 AUD per sale.

If you are looking to buy or sell in the Fairy Meadow area we can help you. Simply fill in the contact form on right hand side of page and we will be in touch with you shortly.