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North Strathfield

POSTAL CODE: NSW, 2137
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Homeowners and real estate investors betting on NORTH STRATHFIELD, 2137 can rest assured about this NSW suburb's performance. The suburb saw median home prices rise by 14.31%.

A steady increase in median property prices over a five-year period in the suburb translates to a 19.06% capital gain.

Property investors in NORTH STRATHFIELD enjoyed capital gains of 14.31% over the last 12 months translating to lower returns compared with its peers in the territory.

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 $2,583,500.

Profits due to an upward trend in home prices there averaged 6.35% per annum over a 3-year period.

Home owners selling their properties and realtors in NORTH STRATHFIELD usually have to wait an average of N/A days before their assets are lifted off the market.

Average weekly rents on listings have reached the $805 mark, reflecting a 1.62% increase in returns based on the current median price in NORTH STRATHFIELD.

NORTH STRATHFIELD, 2137 places 492nd in Australia based on median property value growth during the quarter.

Surburb overview

North Strathfield, located approximately 13.4 kilometres west of Sydney's central business district, is a suburb within the City of Canada Bay. It is bordered by Concord to the east, Homebush to the west, and Concord West to the north. 

The North Strathfield railway station, established in 1918 and named for its proximity to Strathfield, gave the suburb its name. Historically, the area was part of Homebush and Concord before being designated as North Strathfield in 1993. The suburb has undergone significant transformation from its industrial roots, notably with the redevelopment of the former Arnott's Biscuits factory into the Bakehouse Quarter, a commercial and retail precinct.

According to the 2021 Census, North Strathfield had a population of 4,618 residents. The suburb exhibits a diverse cultural composition, with 45.0% of residents born in Australia. Significant communities from China (9.0%), India (6.2%), South Korea (6.1%), Nepal (3.1%), and the Philippines (2.9%) contribute to the multicultural character of the area. English is the sole language spoken at home by 43.6% of the population, while other prevalent languages include Mandarin (9.7%), Korean (7.0%), Cantonese (6.2%), Nepali (3.1%), and Italian (3.0%).

Public transportation in North Strathfield is accessible, with the North Strathfield railway station serving the T9 Northern Line of the Sydney Trains network. This station provides residents with direct connections to the Sydney CBD and other parts of the city. Additionally, bus routes 410 and 458 serve the suburb, providing further connectivity to surrounding areas.

Essential amenities are available within and around North Strathfield. The Bakehouse Quarter is home to a diverse range of restaurants, cafes, and shops, serving as a vibrant local commercial hub. Retail options and services are also available in adjacent suburbs, offering residents convenient shopping and dining experiences.

Recreational facilities in North Strathfield include Bicentennial Park, which offers open spaces for outdoor activities and relaxation. The suburb's proximity to the Parramatta River supports various leisure pursuits, including walking and cycling along the waterfront. The upcoming Sydney Metro West project will further enhance transport options by including a new station at North Strathfield.

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