At number 1026th in the list of Australian suburbs ordered by increase in median house value over the last year, Strathfield, 2135 is in the top 30% with a property value increase of 9.75% recorded in median house prices.
Over the longer term, Strathfield has seen property prices show investors a 63.29% return over the last 3 years. This is worse than over the last 12 months
State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.50% offered to property buyers. Sellers in Strathfield itself are offering an average vendor discount of -5.75% to real estate investors.
Strathfield, 2135’s gross rental yield is 1.55%
Over the last year, property investments in Strathfield, 2135 have given investors a capital gain of 2.14%. This compares badly with the 5.59% for NSW as a whole.
Comparing Strathfield,2135 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Property buyers and investors in Strathfield 2135 should be seeing an average reduction in asking price of around -4.66% . This means that Strathfield is holding prices well when compared to other suburbs in NSW.
With the median price for a house in Strathfield being $715000 and the advertised rent reaching $530 the gross rental yield for property investors calculates out to be 3.85%