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Strathfield

POSTAL CODE: NSW, 2135
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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 $4,380,000.

The upward trend in home prices in STRATHFIELD, 2135 averaged 7.79% per annum over a 3-year period.

Average weekly rents on listings have reached the $880 mark, reflecting a 1.04% increase in returns based on the current median price in STRATHFIELD.

An average of 15.5 real estate transactions take place per month in STRATHFIELD which translates to 186 per annum.

186 properties were sold in STRATHFIELD in 2016, making it the 975th most active market in NSW based on total real estate transactions.

STRATHFIELD, 2135 places 182nd in Australia based on median property value growth during the quarter.

Surburb overview

Strathfield, NSW 2135, is a prominent suburb located approximately 11.5 kilometres west of Sydney's Central Business District. Known for its rich cultural diversity, excellent transport links, and expansive green spaces, Strathfield offers a blend of residential charm and urban convenience.

As of the 2021 Census, Strathfield had a population of 25,915 residents, with a median age of 32 years. The suburb is notably multicultural, with significant communities of Chinese, Indian, and Korean descent. Languages spoken at home include Mandarin, Cantonese, Korean, and Arabic, among others.

The housing landscape in Strathfield is diverse, featuring a mix of grand heritage homes, modern apartments, and townhouses. The suburb's real estate market reflects its desirability, with median house prices around $3.8 million and median apartment prices approximately $730,250.

Strathfield is a significant transport hub in Sydney's Inner West. Strathfield railway station is one of the city's busiest, serving multiple lines including the T1 North Shore & Western Line, T2 Inner West & Leppington Line, and T9 Northern Line. The station operates 24 hours a day, with facilities including Opal card top-up machines, toilets, and a taxi rank.

In addition to train services, Strathfield is well-served by numerous bus routes connecting to various parts of Sydney. Major roads such as Parramatta Road and the Hume Highway provide easy access for motorists. 

Strathfield boasts several parks and recreational facilities. Strathfield Park, the suburb's oldest and most popular park, offers a wide range of sporting and recreational opportunities. Events such as Carols by Candlelight and Movies in the Park are held here.

Other notable parks include Hudson Park, Freshwater Park, and Cooke Park, each offering a range of amenities such as sports fields, playgrounds, and walking tracks.

Strathfield's town centre is a vibrant area featuring a diverse range of shops, restaurants, and cafes. Strathfield Plaza is a key shopping destination, offering a range of retail stores and services. 

The suburb is also home to several educational institutions, including the Australian Catholic University's Strathfield campus, providing higher education opportunities within the community.

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