What is the true cost of buying an apartment in Fairfield?

The median apartment in Fairfield is $485,000. Including stamp duty ($16,355), strata, council rates, insurance, and mortgage repayments, the true first-year cost is approximately $41,924, or $3,494/month.

What does it really cost to buy a house in Fairfield?

The median house in Fairfield is $750,000. True first-year cost including stamp duty ($28,280), rates, insurance, maintenance, and mortgage repayments is approximately $54,354.

What is the vacancy rate in Fairfield?

Fairfield currently has a vacancy rate of 1.8%. Properties average 32 days on market.

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True Cost of Buying in Fairfield

2165 NSW · 28km to CBD

Rising

A decision, not just a search · Fairfield

Does the lower estimated monthly cost make a property the better buy?

Only under the assumptions entered—and cost is not the whole decision. This model compares scenarios, not lender approval, building condition or personal suitability. Replace defaults with current quotes and documents, then test whether the cost remains manageable when circumstances change.

Questions that could change the answer

Which costs are current supplied figures, and which are model defaults?
What happens to your buffer if interest, repairs or vacancy costs rise?
What finance, contract or inspection condition remains unresolved before an offer?

Evidence to obtain—not yet verified here

Current lender terms and approval conditions, not only a borrowing estimate.
Dated levy notices, rates, insurance quotes and maintenance information.
Contract advice, inspection findings and comparable sales evidence.

Other options: Lower the price limit, compare another property or wait for critical checks. A favourable model result is not a recommendation to make an unconditional offer.

Next action: Re-run the existing calculator with documented inputs, then agree your conditions and walk-away point with the relevant professionals.

When to revisit: Revisit when any input, approval condition, price or property finding changes.

General decision guidance—not a property assessment, personal recommendation or verified client result. Dates on surrounding market content apply to that content, not to checks on your property.

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Market Intelligence

Fairfield NSW 2165 is one of Sydney's most culturally diverse and affordable suburbs, located 28km southwest of the CBD. Home to over 18,000 residents, it boasts exceptional multiculturalism with over 60% of residents born overseas, creating vibrant Vietnamese, Assyrian, and Arabic communities. The suburb offers excellent transport connectivity via Fairfield Station on the T2 line, providing direct CBD access, while the Hume Highway ensures strong road links. Property remains highly affordable with median house prices around $750,000, making it popular with first home buyers and investors seeking strong rental yields of 4-5%. The area features a mix of older fibro homes, brick veneer houses, and modern townhouse developments. Community amenities include Fairfield Showground, Leisure Centre, Neeta City shopping centre, and an exceptional multicultural dining scene. With planned Western Sydney infrastructure improvements and airport connectivity, Fairfield presents strong growth potential while maintaining its authentic community character and affordability advantage in Sydney's competitive market.

Exceptional cultural diversity with established ethnic communitiesHighly affordable property prices compared to Sydney averageExcellent public transport with direct train access to CBDStrong rental demand and investment yieldsRich multicultural dining and shopping scene

Market Snapshot

Median House

$750K

+7.2% 1yr

Median Apartment

$485K

+6.5% 1yr

Median Townhouse

$625K

Vacancy Rate

1.8%

32 avg DOM

Yield (Apartment)

5.1%

Yield (House)

4.2%

Auction Clearance

68%

Population

18,500

True Cost Breakdown

Based on median prices · 20% deposit · 6.5% interest · 30-year term · Owner-occupier

Apartment

$3,494/mo

Purchase Price

$485,000

Stamp Duty

$16,355

1st Year Total

$41,924

House

$4,530/mo

Purchase Price

$750,000

Stamp Duty

$28,280

1st Year Total

$54,354

Townhouse

$4,002/mo

Purchase Price

$625,000

Stamp Duty

$22,655

1st Year Total

$48,020

Run Your Own Numbers

These are median figures. Plug in the actual property you're looking at to see your real all-in cost — including first-home concessions, investment deductions, or different deposit amounts.

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