Fairy Meadow NSW 2519: Property Market Report & Real Estate Insights

Part of Wollongong, NSW

Fairy Meadow Real Estate Market Outlook

Thinking about buying in Fairy Meadow? Now could not be a better time, with 4605 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $3,921,000 with prices in this suburb ranging from $64,000 to $787,520,000. Fairy Meadow is located fairly close to the coast at just 0Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.

Living in Fairy Meadow

Good balance between supply and demand ensures a range of affordable options within budget limits. Recent increases in listings may provide buying opportunities. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Fairy Meadow due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. A mix of professions and above average income earners in Fairy Meadow provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Medium density in Fairy Meadow necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. Higher than average industry presence in the wider area offering local employment yet with not a large negative impact on local amenity, provides good demand and price growth.

Instant Property Valuation

Fairy Meadow, a charming suburb located in Wollongong, NSW, presents a unique blend of coastal allure and suburban convenience, making it an attractive spot in the housing market. The area's real estate portfolio primarily consists of a mix of single-family homes, apartments, and townhouses, catering to diverse preferences and budgets. In recent years, the housing market in Fairy Meadow has experienced a steady demand driven by its proximity to Wollongong's bustling city center, pristine beaches, and the University of Wollongong. While property prices have seen an upswing like many parts of New South Wales, Fairy Meadow still offers relatively more affordable options compared to Sydney, making it appealing to both young families and investors seeking rental income opportunities due to the influx of students and professionals.

Living in Fairy Meadow is characterized by the suburb's laid-back coastal lifestyle combined with the convenience of urban amenities. Residents enjoy easy access to the beach, local parks, and a vibrant retail scene with a variety of shopping options, cafes, and restaurants contributing to its lively community atmosphere. The suburb's well-regarded schools and community facilities are appealing for families, while the efficient public transport connects locals to broader Wollongong and beyond, including direct train routes to Sydney. The area's diverse cultural events and outdoor activities, from surfing to bushwalking, offer something for everyone, ensuring a balanced lifestyle that harmoniously blends relaxation and activity. This dynamic environment, coupled with Fairy Meadow's welcoming community and scenic vistas, makes it a desirable and fulfilling place to reside.

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