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%