Thinking about buying in Fyshwick? Now could not be a better time, with a whopping 3379 properties either residential or commercial there's certainly plenty to choose from.
The average property price for this area is $762,000 with prices in this suburb ranging from $227,000 to $2,052,000.Distance to the coast is 99 Km.
Prices are above market average and increase steadily under persistent demand. A more sustainable rate of price growth is anticipated in the short to medium term. Incomes in Fyshwick are above average indicating a preference for good quality housing and lifestyle. That ensures consistent price growth. Low average earnings from people in Fyshwick leads to lower quality housing which also negatively impacts the provision of facilities. As a consequence this area is often seen as less desirable, with lower quality of housing and slower price growth. Low population density implies low demand and limits housing choices and price increases. Could be a good entry point for first home buyers needing to somehow get into the market. With very low industrial sector presence in Fyshwick the focus is on lifestyle, driving specific demand around facilities, services, and open space. Most people are employed in service sectors with a higher than average proportion being able to work from home. This may incease demand over the medium term.
|Median Weekly Rent||$225.50|
|Median Monthly Mortgage||$505.50|
|Median Persons Per Bedroom||0.73|
|Average Household Size||1.83|
|Average Cars Per Dwelling||3.43|
|Average Properties Within 50M||31.00|
None within suburb boundary(While the above schools are located with the suburb of Fyshwick there may also be nearby schools whose catchments cover this suburb)
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source: Australian Government Bureau of Meteorology
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