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Fairy Meadow suburb profile

Fairy Meadow is a coastal suburb on the northern fringe of Wollongong, framed by a sandy foreshore and the Illawarra escarpment. It has a relaxed seaside character, with a beach reserve, foreshore walking paths and a compact village around the railway station and the Princes Highway, which provides easy connections to Wollongong and beyond. Housing mixes weatherboard cottages and postwar brick homes with low-rise apartment blocks, reflecting long-term locals alongside newer renters. Local life centres on the beach, parkland and small cafes and shops, making Fairy Meadow a practical choice for commuters, families and anyone after a quieter coastal lifestyle.

Fairy Meadow property market performance

Current median dwelling price$1,010,000Past 3 months

Property growth+8.8%Past 12 months

Fairy Meadow has relatively few recent unit sales, so there isn't enough recent data to publish a reliable median unit price. The median house price is $1.4 million and house values have risen sharply, up 10.4% over the last 12 months. Unit values rose a solid 7.1% over the same period, so house values grew faster than units.

Over the last 3 months, 19 houses and 9 units changed hands. Houses sold in a median of 35 days over the last 12 months and units in 31 days, so they sold in a similar time.

The rental market in Fairy Meadow saw house rents average $810 a week over the last 12 months, up sharply 15.7%. Unit rents averaged $550 a week, up a slight 1.9%, so house rents grew more strongly than unit rents.

HousesUnits
Median price
Past 3 months
$1.40MN/A
Change in value
Past 12 months
10.4%7.1%
Sold
Past 3 months
199
Median days on market
Past 12 months
3531
Average rent
Past 12 months
$810$550
Change in rent
Past 12 months
15.7%1.9%

5 year median price trend for houses and units

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Fairy Meadow demographics

Fairy Meadow is a community of 7,512 people with a median age of 38. The typical household earns $1,407 a week, which is about $73,200 a year.

Among families, couples with children are the largest group at 38.7%, closely followed by couple families without children at 38.4%. Together those two groups account for 77.1% of families. One-parent families make up 20.7% and other families 2.2%.

Homes in Fairy Meadow are more often owner-occupied than rented: owner-occupiers make up 57.7% of dwellings (35.3% owned outright and 22.4% owned with a mortgage), while renters account for 42.3%.

Suburbs near Fairy Meadow

Some popular suburbs near Fairy Meadow include:

  • Mount Ousley: Built along the Illawarra escarpment, with rural bushland and steep streets.
  • Fernhill: Small, residential suburb set on the escarpment foothills with leafy streets.
  • Tarrawanna: Village atmosphere with cafes and shops clustered along a main street.
  • Towradgi: Coastal suburb centred on a popular beach and rocky headland.
  • Balgownie: Leafy, established suburb on the escarpment with panoramic coastal and city views.

How does Fairy Meadow compare to nearby suburbs?

  • Median house prices: Fairy Meadow’s median house price is 2.8% lower than Towradgi’s.
  • House price growth: Over the past 12 months, house prices in Fairy Meadow have grown 8.4% higher than in Mount Ousley.
  • Unit price growth: Over the past 12 months, unit prices in Fairy Meadow have grown 6.6% higher than in Balgownie.
  • Selling speed for houses: Properties in nearby Mount Ousley are selling 34.3% faster than in Fairy Meadow.
  • Selling speed for units: Properties in nearby Balgownie are selling 54.8% faster than in Fairy Meadow.

Choose the right real estate agents in Fairy Meadow

In Fairy Meadow ,68 agents are actively selling property, but a small number do the heavy lifting. Just 5 agents handled 22.4% of all sales in the past year, giving them a strong presence and deep experience in the local market.

Commission rates usually sit between 1.63% and 2.63%. Comparing agents and understanding what’s included in their fee structure can help you find the right mix of service, value, and motivation—without compromising on outcomes.

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