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

The median apartment in Fairlight is $1,450,000. Including stamp duty ($62,160), strata, council rates, insurance, and mortgage repayments, the true first-year cost is approximately $100,484, or $8,374/month.

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

The median house in Fairlight is $2,850,000. True first-year cost including stamp duty ($139,160), rates, insurance, maintenance, and mortgage repayments is approximately $192,282.

What is the vacancy rate in Fairlight?

Fairlight currently has a vacancy rate of 1.8%. Properties average 42 days on market.

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True Cost of Buying in Fairlight

2094 NSW · 17km to CBD

Rising

Market Intelligence

Fairlight, a picturesque suburb in New South Wales, offers a unique blend of lifestyle, market position, and investment outlook. With a median house price of $2,850,000 and a median unit price of $1,450,000, Fairlight is an exclusive and highly sought-after area. The suburb's population of 1,800 residents enjoys a high median income of $95,000, contributing to its affluent atmosphere. Fairlight's walkability score of 75.0/100, schools rating of 8.0/10, and safety rating of 9.0/10 make it an attractive choice for families and professionals. Although located 17.0 km from the CBD, Fairlight's investment score of 78.0/100 and growth potential of 75.0/100 indicate a promising outlook for investors. The rental yield for houses is 2.8%, and the vacancy rate is a low 1.8%, suggesting strong demand for properties in the area. Overall, Fairlight presents a compelling opportunity for those seeking a high-end lifestyle and a potentially lucrative investment.

High median income and affluent demographicExcellent schools and safety ratingsStrong investment score and growth potentialLow vacancy rate and stable rental demandDesirable lifestyle with high walkability score

Market Snapshot

Median House

$2.9M

+8.5% 1yr

Median Apartment

$1.4M

+7.2% 1yr

Median Townhouse

—

Vacancy Rate

1.8%

42 avg DOM

Yield (Apartment)

3.4%

Yield (House)

2.8%

Auction Clearance

72%

Population

1,800

True Cost Breakdown

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

Apartment

$8,374/mo

Purchase Price

$1,450,000

Stamp Duty

$62,160

1st Year Total

$100,484

House

$16,024/mo

Purchase Price

$2,850,000

Stamp Duty

$139,160

1st Year Total

$192,282

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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