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AREA REPORTS

Strathfield

Strathfield - SUBURB PROFILE REPORT
POSTAL CODE: NSW, 2135

house
unit

Based on its average 5-year and quarterly capital gains, the suburb saw average growth in the long term.

The suburb also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $2,530,000.

The upward trend in home prices in STRATHFIELD, 2135 averaged 0.95% per annum over a 3-year period.

Average weekly rents on listings have reached the $700 mark, reflecting a 1.44% increase in returns based on the current median price in STRATHFIELD.

An average of 14.08 real estate transactions take place per month in STRATHFIELD which translates to 169 per annum.

169 properties were sold in STRATHFIELD in 2016, making it the 1069th most active market in NSW based on total real estate transactions.

STRATHFIELD, 2135 places 888th in Australia based on median property value growth during the quarter.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $2,530,000 $710,000
GROWTH REPORT
Median Quarterly 0.8% 0%
Median 12 month 4.98% 3.84%
Median 3 years 2.85% -1.39%
Median 5 years 11.21% 0.65%
10 years average annual 7.15% 4.18%
Weekly media advert. rent $700 $500
Time on Market 92.7 days 68.2 days
Gross Rental Yield Percent 1.44% 3.66%
demographics (median values)
Total Population
20477
Weekly Household Income
1160
Household Size
2.90
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