Investment property in Strathfield has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 11.11%
Strathfield,2135 was ranked 2259 in Australia by increase in median property value over the quarter.
State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.52% offered to property buyers. Sellers in Strathfield itself are offering an average vendor discount of -5.35% to real estate investors.
Property investors should expect to get $700 weekly from the median priced house in this suburb.
Over the last year, property investments in Strathfield, 2135 have given investors a capital gain of 6.67%. This compares averagely with the 8.14% for NSW as a whole.
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.
Sellers are offering property buyers an average discount of -4.56% to buyers in Strathfield at the moment, which is less than average for the rest of NSW.
The NSW suburb of Strathfield, 2135 is in the Strathfield local government area.