Property investors who have had real estate in Strathfield South, 2136 should be pleased with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 19.72%
Taking the average capital gain, or increase in median house value, Strathfield South,2136 has racked up an average of 19.72% over the period. This ranks it number 200th in the whole country for real estate investors looking at median house price increases.
LACK OF BUYER INTEREST may well be the reason that Strathfield South is offering property investors an average of -5.52. This rate of discount on properties puts Suburb at number 5th in terms of most discounted suburbs in NSW
A $650 per week rent on the median house gives suburb investors a gross yield of circa 2.59%, without taking into account capital value appreciation, which has been averaging out at 7.95%.
Strathfield South, 2136 ranked 208th in NSW when comparing growth in median property values or capital gain over the last 12 months. Strathfield South is one of 3162 in our list for NSW
The five-year average increase in median property values for Strathfield South,2136 has given property investors a potential capital gain of 26.41% across each of those five years.
On average over the past year, suburb has had 1.58 sales per month, which equates to 19 per year.
A $520 per week rent on the median house gives suburb investors a gross yield of circa 4.19%, without taking into account capital value appreciation, which has been averaging out at 7.25%.