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

A decision, not just a search · Fairlight

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

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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