Situated in New South Wales's 2287 postcode, Fletcher is a well-established residential suburb. Located approximately 117km from the Sydney CBD, the suburb is serviced by 1 schools and benefits from solid transport and amenity access.
Fletcher has a population of approximately 8,014, a median age of 31, a median weekly household income of $2,838. With 71% owner-occupier rate, this is predominantly a homeowner market, which supports long-term price stability. Across the broader LGA, 43.5% of residents hold a university qualification.
Key employment industries in the broader local government area include Health Care and Social Assistance (21.3%), Education and Training (10.6%), Retail Trade (8.9%).
The current median house price in Fletcher is $1,005,000. The suburb has delivered strong average annual growth of 10.9% over the past five years, outperforming many comparable markets. In the past 12 months, prices have increased 9.24%.
Properties in Fletcher spend an average of 24 days on market. Online buyer demand is currently rated as high online demand. Stock on market sits at 0.35%. With inventory levels at just 0.86 months, supply is tight relative to demand. The average vendor discount is -4.5%, meaning sellers are typically negotiating below asking price.
The median weekly rent for houses in Fletcher is $770. Gross rental yield is 3.98%, which is typical for a growth-oriented market. Vacancy rate is 1.78%, reflecting healthy rental demand. Rents have grown 6.94% over the past 12 months.
The broader local government area is forecast to grow from 183,871 to 193,517 residents by 2031, representing 5.2% population growth. This level of growth typically supports continued demand for housing and infrastructure investment.
Explore other suburb profiles in the area: Birmingham Gardens, NSW, Maryland, NSW, Wallsend, NSW, Adamstown, NSW, Cardiff, NSW.
Handle Properties is a Sydney-based buyer's agency helping investors build portfolios of high-growth investment properties across Australia. If you are considering Fletcher or need help identifying the right suburb for your strategy, get in touch with our team.
The quantitative data below has been compiled on 30th May 2023 from a range of third party sources using a variety of manual methods. Handle does not guarantee the accuracy of this data shown below.