Fairy Meadow, NSW

UNDERVALUED

5,442 sales · 36 years of data · NSW, Australia

$930,000
Median (All)
$1,300,000
Median (Houses)
$658,500
Median (Apartments)
5.4%
10yr CAGR
5.8%
36yr CAGR
40.4%
Strata %
36 years of data · 5,442 sales analysed · 2,500+ suburbs · Updated weekly

Fairy Meadow, NSW Property Market Overview

Fairy Meadow, NSW, postcode 2519, is a suburb located in the Illawarra region, just north of Wollongong and approximately 80km south of Sydney. With a substantial 36-year property market history, AusPropertyInsights.app has recorded 5,442 property sales in Fairy Meadow. The current median property price across all dwelling types is $930,000.

Fairy Meadow presents a diverse property landscape, with houses having a current median of $1,300,000 and apartments at $658,500. The suburb offers a mix of residential and commercial areas, making it a notable location for both homeowners and investors. Fairy Meadow's historical performance shows consistent growth, making it a suburb of interest for those tracking the Illawarra property market.

Currently undervalued
Relative to the long-term price trend line
$500K invested 10yr ago → $846,011
Based on the 10-year compound annual growth rate of 5.4%
Mixed housing40% apartments
60% of sales are houses and other non-strata properties
Loading chart...

Property Mix

60%
40%
Houses 60%$1,300,000Apartments 40%$658,500

Data You Can Trust

Every figure backed by NSW government sale records

7 million+
verified sale records
2,500+
NSW suburbs covered
36 years
of market history
Weekly
NSW Gov. data updates

What Subscribers See

A preview of the full analysis available for Fairy Meadow

Street Rankings

Top streets in Fairy Meadow, NSW by median sale price

See which streets command the highest prices and how many sales back each ranking.

#StreetTypeSalesMedian Price
1Storey StHouse6$1,135,000
2Cabbage Tree LaneHouse5$1,350,000
3Hopewood CresHouse12$1,200,000
4Carters LaneHouse5$1,250,000

... and 127 more streets available

Subscribers also see:

  • Street price per m² analysis
  • Street annual growth rates (CAGR)
  • Premium vs discount % comparison
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Price per m²

Streets by price per square metre

Compare land and building value across streets — essential for finding underpriced pockets.

#StreetTypeSalesMedian $/m²
1Lawson StHouse5$3,691/m²
2Norman StHouse3$3,514/m²
3Dymock StHouse3$5,937/m²
4Brian StHouse6$4,794/m²

... and more $/m² rankings

View full $/m² data
Growth Rates

Fastest growing streets by median price

10-year compound annual growth rate (CAGR) by street — see which streets are outperforming the suburb.

#StreetType10yr CAGR
1Balfour StHouse+8.0%
2Maxwell StHouse+8.4%
3Balgownie RdHouse+10.3%
4Donald StHouse+8.4%

... and more street growth rates

See all growth rates

Past growth rates are not indicative of future performance. This data is for informational purposes only.

Building Analytics

Building-by-building comparison

156
apartment buildings analysed
#AddressSalesMedian$/m²
15 Grand Ct8$1,092,500$7,616/m²
212 Cowper St3$830,000$4,689/m²
315 Daisy St4$905,000$3,987/m²
442 Carters Lane6$850,000$4,251/m²

... and 152 more buildings

Compare individual buildings by price per sqm, median unit price, and sales volume. Identify which buildings are gaining or losing value relative to the suburb average.

View full building data
Risk Indicator

Flipper risk & hold period analysis

Available with full access
 

Properties resold within 2 years may signal problems — structural issues, noisy locations, or overpayment. See hold period distribution and flagged streets.

See flipper risk data
Risk Indicator

Settlement times & problem streets

52
average days to settlement

Extended settlement times can indicate building defects, financing difficulties, or legal issues. See which streets have the longest settlement periods.

See settlement data
Suburb Change

Density & development tracking

40%
apartments across 156 buildings

Track which streets are converting from houses to apartments. Understand how density is changing the suburb's character and property values over time.

See density trends

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131 streets and 156 buildings to explore

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3 street rankings
All 131 streets ranked
Cycle chart preview
Full chart — all years
Basic median prices
Price per m² by street
Suburb-level growth only
10-year CAGR by street
Building count only
156 buildings compared
Summary stats only
Flipper risk + settlement data

Based on 5,442 verified property sales across 36 years · Last updated: February 2026

Trusted by 100+ property investors across NSW

Fairy Meadow at a Glance

Region
Illawarra
CBD Distance
80km south of Sydney CBD
Train Station
Fairy Meadow Station (South Coast Line)
Council
Wollongong City Council
Property Character
Established residential with mid-density development
Community
Mix of families, young professionals and students

Fairy Meadow, NSW

Map data © OpenStreetMap contributors

Local Amenities


Living in Fairy Meadow, NSW

Living in Fairy Meadow offers a blend of coastal charm and urban convenience. The suburb boasts several schools, including Fairy Meadow Demonstration School, catering to families with children. For commuters, Fairy Meadow Station provides easy access to Wollongong and Sydney via the South Coast Line. The local shopping centre, Fairy Meadow Shopping Centre, offers a range of retail and dining options.

Residents can enjoy outdoor activities at nearby parks and beaches, such as Puckey's Estate Reserve. The suburb has a relaxed and friendly vibe, with a strong sense of community. Fairy Meadow's proximity to Wollongong University also contributes to a diverse and vibrant population. The combination of amenities and location makes Fairy Meadow an appealing place to live.


Who Buys in Fairy Meadow?

The buyer profile in Fairy Meadow is diverse, influenced by the mix of housing types and price points. The 40.4% strata ownership suggests a significant proportion of apartment dwellers, which often attracts first home buyers, young professionals, and downsizers seeking low-maintenance living. The median house price of $1,300,000 may appeal to established families seeking more space, while the apartment median of $658,500 offers a more accessible entry point to the market. The historical growth, as indicated by the CAGRs, also attracts investors looking for steady returns. Fairy Meadow caters to a range of demographics.

Market Analysis

As of early 2026, AusPropertyInsights.app analysis indicates that the Fairy Meadow property market is currently positioned below its long-term trend. This suggests that the suburb is in undervalued territory within the property cycle.

This cycle position implies that property values in Fairy Meadow, as of early 2026, are trading at a discount relative to their historical performance. The significance of this positioning requires further investigation into local market factors to fully understand the dynamics at play in Fairy Meadow.


Is Fairy Meadow a Good Investment?

Fairy Meadow's property market presents a compelling case for those analysing the Illawarra region. The suburb's historical growth, reflected in its 10-year CAGR of 5.4%, 20-year CAGR of 5.2%, and full-period CAGR of 5.8%, indicates a consistent upward trend. The mix of housing types, including a significant percentage of apartments, provides diversity in the market.

As of early 2026, AusPropertyInsights.app data suggests that Fairy Meadow is currently positioned below its long-term trend. Understanding the factors contributing to this cycle position, and monitoring its movement, is crucial for anyone tracking the Fairy Meadow property market. The combination of historical growth and current market positioning makes Fairy Meadow a noteworthy location for property market analysis.


Fairy Meadow Market Outlook

As of early 2026, the Fairy Meadow property market is currently positioned below its long-term trend. Recent price trends should be monitored closely to determine if this signals a buying opportunity or a period of consolidation. AusPropertyInsights.app will continue to analyse the market dynamics in Fairy Meadow to provide up-to-date insights. The Illawarra region as a whole is experiencing evolving market conditions, and Fairy Meadow is no exception.

Streets & Location in Fairy Meadow, NSW

Fairy Meadow, postcode 2519, features a variety of residential streets, with Lawson St, Cowper St, and Brian St standing out as having some of the highest median property prices within the suburb. The suburb's location offers convenient access to both the Wollongong CBD and the surrounding natural beauty of the Illawarra region. With 131 streets in total, Fairy Meadow offers a diverse range of living environments.

Market Dynamics

The transaction patterns in Fairy Meadow reveal an average property settlement timeframe of 52 days. This indicates a relatively standard period for sales to finalise in the area. AusPropertyInsights.app currently does not have sufficient data to calculate a reliable quick-flip percentage for Fairy Meadow, meaning that the level of short-term investor activity is currently unknown. Further monitoring of sales data is needed to fully analyse the market dynamics in Fairy Meadow.

Development & Density

Fairy Meadow exhibits a mix of housing types, with a noticeable presence of apartment buildings. There are 156 apartment buildings in Fairy Meadow, reflecting a trend towards higher-density living in certain areas of the suburb. This development density contributes to the diverse property market, offering a range of options for residents and potential buyers. The balance between houses and apartments shapes the overall character of Fairy Meadow.

Growth & Property Mix

Fairy Meadow's property market has demonstrated steady growth over the long term. The suburb has achieved a 10-year Compound Annual Growth Rate (CAGR) of 5.4%, a 20-year CAGR of 5.2%, and a full-period CAGR of 5.8%. The property mix in Fairy Meadow includes a significant proportion of apartments, with approximately 40.4% of properties being strata titled.

All data on this page is sourced from NSW government property sale records. Market analysis, cycle positions, growth rates, and all other metrics are provided for informational purposes only and do not constitute financial, investment, legal, or property advice. Always seek independent professional advice before making any property or financial decisions.

This information is based on historical sales data and does not constitute financial, investment, or property advice. Past performance is not indicative of future results. Always consult a qualified professional before making property decisions.

Frequently Asked Questions about Fairy Meadow, NSW

What is the median property price in Fairy Meadow?
The current median property price in Fairy Meadow across all dwelling types is $930,000. This includes both houses, which have a median of $1,300,000, and apartments, which have a median of $658,500.
Is Fairy Meadow overvalued or undervalued?
As of early 2026, AusPropertyInsights.app data indicates that Fairy Meadow is currently positioned below its long-term trend. This suggests that the suburb is in undervalued territory within the property cycle.
How has the Fairy Meadow property market performed over 10 years?
The Fairy Meadow property market has shown solid growth over the past 10 years, achieving a Compound Annual Growth Rate (CAGR) of 5.4%. This indicates a consistent increase in property values over that period.
What percentage of Fairy Meadow is apartments vs houses?
Apartments constitute a significant portion of the property market in Fairy Meadow. Approximately 40.4% of properties in Fairy Meadow are strata titled, indicating a substantial presence of apartments.
Where is Fairy Meadow in the property cycle?
Based on AusPropertyInsights.app data as of early 2026, Fairy Meadow is currently positioned below its long-term trend within the property cycle. This indicates that the suburb is in undervalued territory.
What schools are near Fairy Meadow?
Fairy Meadow is conveniently located near several schools, including Fairy Meadow Demonstration School. There are also other primary and secondary schools in the surrounding suburbs of Wollongong.
What is Fairy Meadow like to live in?
Fairy Meadow offers a relaxed coastal lifestyle with convenient access to amenities. The suburb has a shopping centre, train station, and several parks, making it a desirable place to live for families and professionals.
Is Fairy Meadow good for families?
Fairy Meadow can be a good option for families, offering a mix of housing types, schools, and parks. The suburb's proximity to Wollongong University also contributes to a diverse community.
How far is Fairy Meadow from Sydney CBD?
Fairy Meadow is approximately 80km south of the Sydney CBD. It is accessible by train via the South Coast Line, making it a commutable distance for some.
What transport options are in Fairy Meadow?
Fairy Meadow has a train station on the South Coast Line, providing direct access to Sydney and other towns along the coast. There are also bus routes that service the suburb, and the Princes Highway runs nearby.
How does Fairy Meadow compare to nearby suburbs?
Compared to some nearby coastal suburbs, Fairy Meadow may offer more affordable property options. Median prices and growth rates vary across the Illawarra region, so it's important to compare Fairy Meadow's data to its neighbours.
Is Fairy Meadow a good first home buyer suburb?
With a median apartment price of $658,500, Fairy Meadow may present opportunities for first home buyers. The availability of apartments and its location relative to Wollongong make it a potentially accessible market entry point.
What are the best streets in Fairy Meadow?
Based on median property prices, some of the top streets in Fairy Meadow include Lawson St, Cowper St, and Brian St. These streets are known for their higher-value properties within the suburb.
How many properties have been sold in Fairy Meadow?
Over the past 36 years, a total of 5,442 property sales have been recorded in Fairy Meadow.
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