709/1-11 Spencer Street Fairfield NSW 2165
709/1-11 Spencer Street Fairfield NSW 2165
Western Sydney residential hub | Entry-level apartment market | Strong rental demand | Community infrastructure supporting appeal. Fairfield sits within SydneyΒs western residential belt where housing demand is often driven by affordability and transport access. The surrounding precinct reflects a mix of residential apartments and suburban housing. Properties in locations like this commonly attract investors and first-home buyers entering the Sydney market. Ongoing population growth continues to underpin demand.
Independent, Unbiased Research Report for this property by PropCred Analyst teamΒ
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Market Insight:
FairfieldΒs demand stems from extremely tight stockΒSoM 0.12%, 0.43 monthsΒ inventoryΒand 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.
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PropCred Estimated Value
Bedrooms
2
Bathroom
1
Parking
1
Land
Assessments Delivered Today
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