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Strathfield
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 $2,912,500.

The upward trend in home prices in STRATHFIELD, 2135 averaged 3.44% per annum over a 3-year period.

Average weekly rents on listings have reached the $700 mark, reflecting a 1.25% increase in returns based on the current median price in STRATHFIELD.

An average of 17.58 real estate transactions take place per month in STRATHFIELD which translates to 211 per annum.

211 properties were sold in STRATHFIELD in 2016, making it the 913th most active market in NSW based on total real estate transactions.

STRATHFIELD, 2135 places 361st in Australia based on median property value growth during the quarter.

Data report can be found below

Strathfield
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $2,912,500 $705,000
GROWTH REPORT
Median Quarterly 8.51% 0%
Median 12 month 19.49% -0.98%
Median 3 years 10.32% -5.24%
Median 5 years 31.79% -2.02%
10 years average annual 8.8% 4.1%
Weekly media advert. rent $700 $463.5
Time on Market 77.9 days 82.2 days
Gross Rental Yield Percent 1.25% 3.42%
demographics (median values)*
Total Population
25251
Weekly Household Income
1883
Household Size
3.00
Age
32
Monthly Loan Repayment
2350
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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