North Strathfield has had a A very good year for property investment returns compared to the rest of NSW, giving investors a capital gain of 16.41% to date .
North Strathfield,2137 was ranked 33 in Australia by increase in median property value over the quarter.
A $680 per week rent on the median house gives suburb investors a gross yield of circa 1.83%, without taking into account capital value appreciation, which has been averaging out at 12.55%.
Over the last year, property investments in North Strathfield, 2137 have given investors a capital gain of -3.52%. This compares very badly with the 6.22% for NSW as a whole.
Comparing North Strathfield,2137 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
North Strathfield2137 is located in NSW which offers an average discount of -4.26% to property investors. North Strathfield itself is showing figures that indicate -7.20% is the average achievable by property buyers investing in the suburb.
With the median price for a house in North Strathfield being $760000 and the advertised rent reaching $550 the gross rental yield for property investors calculates out to be 3.76%