Sydney's Fairlight among top 10 quickest selling suburbs

Sydney's Fairlight among top 10 quickest selling suburbs
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.

Sydney's Fairlight among top 10 quickest selling suburbs

Suburb

 

State

Postcode

Dwelling

Bedrooms

Days on market

Current median price

Croydon Park

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

Fairlight

NSW

2094

Unit

2

42

$900,000

Narraweena

NSW

2099

House

3

43

$1,250,000

Caulfield South

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.

Tags: 
Fairlight Investar

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