Fairy Hill (postcode 2470) is a sparsely populated locality in New South Wales within the Richmond Valley local government area. With a population of 407, the suburb has a settled, mature resident base with a median age of 49. Households earn a median income of $70K per year, with an average household size of 2.6 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +0.3% year-on-year at the LGA level. NSW employment has moved +1.2% year-on-year in the official ABS Labour Force trend series, which provides the broader jobs backdrop for this suburb. NSW also had 35 Commonwealth-backed major projects under construction, 17 underway, and 67 in planning as at 2025-09-01, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are managers, professionals, labourers. Employment in the area leans toward retail trade and healthcare. The top ancestries reported are Australian, English, Irish.
The median house price in Fairy Hill is $720,000, having fallen by 8% over the past year. The current median weekly rent is $522. This gives a gross rental yield of approximately 3.8%. The median monthly mortgage repayment is $1,658.
Public transport access includes 2 rail stations, 8 bus stops. The crime rate in the Richmond Valley LGA is moderate at 5,127 incidents per 100,000 population.
Looking at the investment signals, The gross rental yield works out to roughly 3.8%, which reads as moderate yield. Property prices sit below the state median ($720K/$1.5M), which can point to relative value. The price-to-income ratio of 10.3x is considered stretched. House prices have moved -8.0% year-on-year. Population growth of +0.3% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.