Figtree NSW Property Investment

Figtree has compounded at 7.3%/yr over 5 years — a house that cost $743,501 in 2021 is worth $1,057,500 today. Properties are sitting on market for 42 days (roughly balanced conditions). At the same growth rate, today's median reaches $1,504,108 by 2031.

• Median house: $1,057,500 | Units: $801,174
• Gross yield: 3.9% | Net yield: 2.4%
• 5yr price CAGR: 7.3%/yr | 3yr forecast: 13.5%/yr
• Population: 12,335 | Owner-occupier rate: 80% | Affluence: High

• Supply pipeline: Low — Price growth outpacing new supply, limited development pipeline

• Vacancy: 2.4% (improving) | Rental demand: High
• Median weekly rent: $800/wk | Days on market: 42 (stable)
• Balanced market — vacancy manageable but monitor trend.

• Median nightly rate: $468/night | Occupancy: 40%
• Estimated annual STR gross: ~$68,310/yr
• vs long-term rent: $41,600/yr (+64% STR premium — factor in higher management costs)

• No major confirmed infrastructure projects on record.
• Transport: Unanderra station 2.5km away

If Figtree maintains 3%+ annual growth and vacancy stays below 1.7%, median prices could reach $1,216,125 within 3 years with yields compressing slightly as capital values rise.

A market correction or interest rate shock could see prices in Figtree pull back 10-15% from $1,057,500, with vacancy rising to 4.3% and rental yields softening as tenants gain leverage.

• Distance from CBD may limit long-term capital growth potential

• Lake Illawarra (NSW): $982,570 median, 3.4% yield, 10.6% 1yr growth
• Kinchela (NSW): $776,000 median, 3.2% yield, -0.5% 1yr growth
• Collombatti (NSW): $800,481 median, 3.1% yield, 11.9% 1yr growth

Figtree presents a compelling investment opportunity. The combination of solid fundamentals and high rental demand supports entry at current price levels. Proceed with due diligence on specific properties. Target gross yields above 3.9% and prioritise properties with value-add potential. Consider timing entry around the current stable phase of the market cycle.

• Entry range: $951,750 – $1,163,250
• Minimum gross yield to target: 4.5%
• Watch signal: vacancy dropping below 2% and days on market falling below 35

This analysis is for informational purposes only and does not constitute financial, legal, or investment advice. Seek professional advice before making investment decisions.