If you compare the increase in value of investment property in Strathfield South, 2136 to the rest of Australia, it performed very well. The median increase in value, or capital gain property investors experienced for this NSW suburb was 19.27%.
Property investors looking for a bargain in Strathfield South should be aiming for at least -18.62% off the asking price, which is the average vendor discount being achieved at the moment.
At number 296 in a list of fastest selling suburbs, Strathfield South is in the TOP 10% of suburbs in Australia with an average of days on market 42.36 for properties listed there.
A $650 per week rent on the median house gives suburb investors a gross yield of circa 2.60%, without taking into account capital value appreciation, which has been averaging out at 7.84%.
Property value increases in Strathfield South have tracked just higher than the NSW average of 6.92% over the last 12 months.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Strathfield South has increased when compared to the 5 year average annual rate.
Situated 8.35km from the CBD, Strathfield South is one of Strathfield localities in the postcode 2136.