7/9 Lackey Street, Fairfield NSW 2165

Fairfield’s demand stems from extremely tight stock – SoM 0.12%, 0.43 months’ inventory – and a 0.68% vacancy rate, while house rents jumped double digits as tenants chase this multicultural, amenity-rich pocket. Buyers are leaning into houses trading near $1.25M and units around $447K because the suburb still undercuts many West Sydney choices yet delivers rental returns that grew over 10%, keeping servicing manageable. Risks include an IRSAD of 776 and a 57% renter ratio that can mute premium growth, but the last six months of sub-45-day sales and the structural squeeze on listings keep Fairfield on a growth-tilted trajectory if affordability endures.