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Fairlight vs Freshwater

Property investment comparison - Fairlight, NSW 2094 vs Freshwater, NSW 2096

Head-to-head across core investment metrics: Fairlight wins 1, Freshwater wins 3. The better choice depends on whether you're optimising for cash flow, growth, affordability, or liquidity, the table below highlights the winner on each metric.

MetricFairlightFreshwater
Median house price$4.1M$4M
Median unit price-$1.3M
Gross rental yield (houses)2.35%2.33%
Gross rental yield (units)2.45%-
1-year house growth+2.3%estimate+2.6%
3-year house growth-+1.8%
Vacancy rate1.8%1.3%
Population6,1419,186

Fairlight vs Freshwater: what the numbers say

The median house price is $4.1M in Fairlight and $4M in Freshwater, so Freshwater is the cheaper entry point, with Fairlight houses about 3% dearer.

Gross rental yield on houses is effectively level, at 2.35% in Fairlight and 2.33% in Freshwater, so neither suburb has a cash flow edge on houses.

Over the past year house prices moved +2.3% in Fairlight (an estimate) and +2.6% in Freshwater, so recent momentum favours Freshwater, although both suburbs recorded growth.

Rental vacancy is 1.3% in Freshwater and 1.8% in Fairlight, so landlords in Freshwater face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Freshwater is the bigger suburb, with a population of 9,186 against 6,141, larger than Fairlight; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Freshwater for a lower purchase price, Freshwater for recent price momentum, Freshwater for the tighter rental market. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.

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