Suburb Profile Report for Strathfield NSW (2135)

Strathfield House: Median price $2,540,000, Annual capital growth 10.28%, Number of sales 164, Weekly median advertised rent $720

Strathfield Unit: Median price $707,500, Annual capital growth 6.23%, Number of sales 197, Weekly median advertised rent $540

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report

Property value increases in Strathfield have tracked just higher than the NSW average of 7.28% over the last 12 months.

If we look at median property appreciation over just the last three months, Strathfield has given property investors a paper return of 4.96%. This puts Suburb as 298 on a list of fastest fasting appreciating suburbs in NSW

At number 658th of NSW’s most discounted properties, Strathfield is in the middle of the state/territory when listing in order of most discounted to least.

At number 1510 in a list of fastest selling suburbs, Strathfield is in the TOP 40% of suburbs in Australia with an average of days on market 73.05 for properties listed there.

Using the current median advertised rental of $720 and the average annual increase in value of a median property of 10.28%, investors should hope to achieve an overall return of 1.47%

Strathfield, 2135 ranked 449th in NSW when comparing growth in median property values or capital gain over the last 12 months. Strathfield is one of 3163 in our list for NSW

Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Strathfield has increased when compared to the 5 year average annual rate.

State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -4.41% offered to property buyers. Sellers in Strathfield itself are offering an average vendor discount of -4.80% to real estate investors.

Using the current median advertised rental of $540 and the average annual increase in value of a median property of 6.23%, investors should hope to achieve an overall return of 3.97%

Metrics i HOUSE UNIT
$2,540,000 $707,500
4.96% -0.35%
12.89% -1.32%
10.28% 6.23%
$720 $540
164 197
1.47% 3.97%
73.05 82.6

Source: CoreLogic

DSR Score for property investment : Balanced (U), Good (H)
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Demographics
Total population 23638
Median household income ($/weekly) 1470
Median age of persons 33
Median housing loan repayment ($/monthly) 2500
Average household size 2.9
  • Census Count Percent(%)
    20-24 years 2623 11.1
    25-34 years 4872 20.6
    35-44 years 2602 11.0
    45-54 years 3042 12.9
    55-64 years 2326 9.8
    Others 8174 34.6
    Age Group
    Census Count Percent(%)
    Registered Married 8831 48.7
    Not Married 8722 48.1
    Defacto Relationship 587 3.2
    Social Marital Status
  • Census Count Percent(%)
    Australia 8838 40.5
    Croatia 2320 10.6
    Indonesia 1915 8.8
    Lebanon 2129 9.7
    Other 2083 9.5
    Others 4557 20.9
    Country of Birth
    Census Count Percent(%)
    Buddhism 1815 8.5
    Christianity 11814 55.1
    Hinduism 3193 14.9
    Islam 676 3.2
    No Religion 3716 17.3
    Others 233 1.1
    Religious Affiliation
  • Census Count Percent(%)
    $1,000-$1,249 521 7.8
    $1,500-$1,999 738 11.1
    $2,000-$2,499 581 8.7
    $2,500-$2,999 598 9.0
    $4,000 or more 661 9.9
    Others 3558 53.4
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 6834 36.4
    Not in the labour force 6783 36.1
    Employed, worked part-time 3857 20.5
    Unemployed, looking for work 737 3.9
    Employed, away from work 583 3.1
    Person Characteristics
  • Census Count Percent(%)
    Managers 1392 12.3
    Professionals 3717 33.0
    Technicians & trades workers 1131 10.0
    Clerical & administrative workers 1675 14.9
    Sales 1084 9.6
    Others 2274 20.2
    Occupation
    Census Count Percent(%)
    Infants/Primary 1332 20.4
    Secondary 1581 24.2
    Technical or Further Educational Institution 580 8.9
    University or other Tertiary Institutions 2426 37.1
    Other type of educational institution 387 5.9
    Others 236 3.6
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 13074 60.8
    Flat, unit or apartment 7696 35.8
    Semi-detached, row or terrace house, townhouse 702 3.3
    House or flat attached to a shop, office 25 0.1
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 2748 38.0
    Fully owned 2469 34.1
    Being purchased 1953 27.0
    Other tenure type 60 0.8
    Tenure Type
Census 2011, ABS
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