All About Strathfield, NSW, 2135

Strathfield, a suburb in the Inner West of Sydney, NSW, is known for its dynamic housing market characterized by a mix of architectural styles ranging from classic Federation homes to modern apartments. The area has long been popular among families and investors due to its strategic location, which offers easy access to the Sydney Central Business District via major transportation links, including trains and buses. In recent years, the demand for housing in Strathfield has remained strong, driven by its reputation for excellent schools, diverse dining options, and an array of parks and recreational facilities. While property prices in Strathfield are generally high compared to some outer suburbs, they reflect the premium quality of life and the convenience offered by this well-connected locality.

Living in Strathfield provides a vibrant community atmosphere with a multicultural edge. The suburb is home to a diverse population, which contributes to a variety of cultural festivals and dining experiences that include Korean, Chinese, and other international cuisines. The local amenities cater to a wide range of interests with plenty of shopping centers, sports clubs, and community events taking place throughout the year. Residents appreciate the suburb's blend of suburban tranquility and urban convenience, which affords a balanced lifestyle. Despite its bustling environment, Strathfield maintains pockets of quiet residential streets and green spaces, making it an ideal location for those who desire both action and relaxation. Overall, Strathfield offers a well-rounded living experience with a strong sense of community, making it a desirable place to call home.

Strathfield Real Estate Market Outlook

Thinking about buying in Strathfield? Now could not be a better time, with 14067 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $2,303,000 with prices in this suburb ranging from $31,000 to $70,115,000. Strathfield is located fairly close to the coast at just 9Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.

Prices are above market average and increase steadily under persistent demand. A more sustainable rate of price growth is anticipated in the short to medium term. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Strathfield due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. The high percentage of professional people in Strathfield classifies the area as "gentrified". This implies high demand for quality housing, generally of larger than average size. Price growth is ensured even where the state affordability index is negatively impacting other areas. Lower than average population density constrains growth in Strathfield to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. High industry presence in the wider area is a double-edged sword. While local employment options are high, the presence of industrial buildings may negatively impact lifestyle perception. Demand from first home buyers and investors however ensures good price growth.

Instant Property Valuation

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Public Transport

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General Points of Interest

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