Strathfield South

POSTAL CODE: NSW, 2136
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Property investments in STRATHFIELD SOUTH did not fare well against the rest of the country last year, registering a median home price decrease of 12.46%.

Figures from the previous quarter show that capital gains for real estate buyers in the territory are low, as opposed to average gains per annum over the past five years.

Based on its average 5-year and quarterly capital gains STRATHFIELD SOUTH, 2136 saw average growth in the long term.

Real estate investors could earn a rental income of $887.5 based on current median home prices for the suburb.

It is expected, nonetheless, for properties to spend some time on the market prior to a successful sale. homes and units usually stay on listing for an average of 51.4 days.

Besides that, the Australian suburb also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value.

Property investors perceived the median home price rise to $2,328,000.

STRATHFIELD SOUTH ranks 1020th on the list of best yielding suburbs for rental properties in NSW, posting a 1.98% return.

Surburb overview

Strathfield South, located approximately 13 kilometres west of Sydney's central business district, falls within the Strathfield local government area. The Cooks River borders the suburb to the south and is adjacent to Enfield, Greenacre, and Belfield. Historically part of Druitt Town, it later became incorporated into Enfield before being designated as Strathfield South.

As of the 2016 Census, Strathfield South had a population of 3,546 residents. The demographic composition is diverse, with 51.2% of residents born in Australia. Significant communities from China, Sri Lanka, South Korea, India, and Italy contribute to the multicultural character of the area. English is the sole language spoken at home by 41.1% of the population, while other prevalent languages include Cantonese, Korean, Arabic, Tamil, and Italian.

Public transportation in Strathfield South is accessible, with several bus routes servicing the area, including the 450, 483, and M90 lines. These routes connect residents to nearby suburbs and major train stations, facilitating commutes to the Sydney Central Business District (CBD) and other parts of the city.

Essential amenities are available within and around Strathfield South. The suburb hosts a variety of restaurants offering diverse cuisines, such as Summerland Strathfield South and Laytani Lebanese Cuisine & Cafe. Retail options and services are also accessible in the neighbouring suburbs, providing residents with convenient shopping and dining experiences.

Recreational facilities in Strathfield South include Cooke Park, which offers sports fields and open spaces for various activities. The Cooks River cycleway provides a scenic route for cyclists and pedestrians, promoting outdoor recreation and connectivity to other parts of Sydney.

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