Suburb Profile Report for Strathfield NSW (2135)

Strathfield House: Median price $2,420,000, Annual capital growth 9.90%, Number of sales 158, Weekly median advertised rent $720

Strathfield Unit: Median price $715,000, Annual capital growth 6.21%, Number of sales 188, Weekly median advertised rent $530

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

Source: CoreLogic

  • House Report
  • Unit Report

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%

HOUSE UNIT
$2,420,000 $715,000
8.76% 0.00%
9.75% 2.14%
9.90% 6.21%
$720 $530
158 188
1.55% 3.85%
71.82 78.77

Source: CoreLogic

DSR Score for property investment : Good (H), Above average (U)
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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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