Suburb Profile Report for North Strathfield NSW (2137)

North Strathfield House: Median price $1,700,000, Annual capital growth 11.66%, Number of sales 16, Weekly median advertised rent $645

North Strathfield Unit: Median price $800,000, Annual capital growth 7.66%, Number of sales 54, Weekly median advertised rent $550

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

Source: CoreLogic

  • House Report
  • Unit Report

Investment property in North Strathfield has done pretty poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 2.87%

Over the longer term, North Strathfield has seen property prices show investors a 60.38% return over the last 3 years. This is worse than over the last 12 months

A $645 per week rent on the median house gives suburb investors a gross yield of circa 1.97%, without taking into account capital value appreciation, which has been averaging out at 11.66%.

NSW has seen average median house prices change by 8.39% which means that North Strathfield, 2137 has done well for property investors by showing a capital gain of 6.02% over the last year

Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in North Strathfield has increased when compared to the 5 year average annual rate.

At number 242th of NSW’s most discounted properties, North Strathfield is in the TOP 20% of the state/territory when listing in order of most discounted to least.

Metrics i HOUSE UNIT
$1,700,000 $800,000
-14.74% 1.27%
2.87% 6.02%
11.66% 7.66%
$645 $550
16 54
1.97% 3.58%
N/A 42.5

Source: CoreLogic

DSR Score for property investment : Good (U), Good (H)
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Demographics
Total population 4442
Median household income ($/weekly) 1590
Median age of persons 31
Median housing loan repayment ($/monthly) 2400
Average household size 2.6
  • Census Count Percent(%)
    5-14 years 428 9.6
    20-24 years 445 10.0
    25-34 years 1095 24.7
    35-44 years 712 16.0
    45-54 years 535 12.0
    Others 1226 27.6
    Age Group
    Census Count Percent(%)
    Registered Married 1535 48.7
    Not Married 1384 43.9
    Defacto Relationship 235 7.5
    Social Marital Status
  • Census Count Percent(%)
    Australia 1874 48.2
    Croatia 452 11.6
    Indonesia 206 5.3
    Lebanon 278 7.1
    Other 227 5.8
    Others 855 22.0
    Country of Birth
    Census Count Percent(%)
    Buddhism 227 6.0
    Christianity 2300 60.6
    Hinduism 253 6.7
    Islam 79 2.1
    No Religion 920 24.2
    Others 16 0.4
    Religious Affiliation
  • Census Count Percent(%)
    $1,000-$1,249 118 8.6
    $1,250-$1,499 111 8.1
    $1,500-$1,999 171 12.5
    $2,000-$2,499 152 11.1
    $2,500-$2,999 169 12.4
    Others 646 47.3
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1555 48.1
    Not in the labour force 909 28.1
    Employed, worked part-time 520 16.1
    Unemployed, looking for work 132 4.1
    Employed, away from work 118 3.6
    Person Characteristics
  • Census Count Percent(%)
    Managers 274 12.5
    Professionals 675 30.8
    Technicians & trades workers 264 12.0
    Community & personal service workers 195 8.9
    Clerical & administrative workers 362 16.5
    Others 422 19.3
    Occupation
    Census Count Percent(%)
    Pre-school 68 6.5
    Infants/Primary 234 22.5
    Secondary 264 25.4
    Technical or Further Educational Institution 124 11.9
    University or other Tertiary Institutions 300 28.9
    Others 49 4.7
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Flat, unit or apartment 1979 50.9
    Separate house 1619 41.6
    Semi-detached, row or terrace house, townhouse 251 6.5
    House or flat attached to a shop, office 41 1.1
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 636 43.4
    Being purchased 467 31.9
    Fully owned 360 24.6
    Other tenure type 3 0.2
    Tenure Type
Census 2011, ABS
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