The demographics of Fulham’s population

Understanding the population size, age, employment, education, and renting/homeownership statistics can give insight into the potential demand for rental properties in Fulham.

Population

Fulham has a relatively small population compared to the average London borough, with a population of around 77,000. However, it’s worth noting that the population is growing at a faster rate than the average London borough, with a projected population growth of 4.4% over the next 5 years.

Fulham has a higher proportion of young adults compared to the average in the UK. According to the census data, around 29% of the population is between the ages of 20-34, which is higher than the national average of 20%. This suggests that there may be a strong demand for rental properties catering to this age group.

Employment rate

The employment rate in Fulham is also relatively high, with around 79% of the population aged 16-64 being in employment. This is slightly higher than the national average of 75%. The majority of the employed population work in professional and managerial roles, which is reflective of the area’s affluence.

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Education 

Fulham has a higher proportion of highly-educated residents compared to the average in the UK. Around 47% of the population aged 16-74 have a degree-level education or higher, which is higher than the national average of 38%. Furthermore, there are several educational institutions in Fulham, including Imperial College London and London School of Economics satellite campus, which attract students to the area.

Renters vs owner occupier

When it comes to renting vs. homeownership, Fulham has a higher proportion of renters compared to the average in the UK. According to the census data, around 55% of the population are renters, while 45% are homeowners. This suggests that there may be a strong demand for rental properties in the area.

Conclusion

Fulham is an attractive area for buy-to-let investment due to its growing population, a high proportion of young adults and highly educated individuals, and a high proportion of renters. While the population is relatively small compared to the average London borough, the population is projected to grow at a faster rate. Additionally, the area is relatively safe and has several educational institutions. As a landlord, it’s worth considering these factors when deciding to invest in Fulham’s buy-to-let market.

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