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Strathfield suburb profile

Strathfield is an inner-west Sydney suburb centred on a major rail junction, with a busy station and regular services across the suburban network. Tree-lined streets meet parkland and a lively commercial strip of shops and cafes clustered around the transport hub.

Housing ranges from grand early 20th century homes on generous blocks to interwar cottages and medium-density apartment buildings closer to the transport corridor. Weekends often involve walks in local parks, community sport and shopping, with a wide selection of Asian and international dining options in the village.

Strathfield property market performance

Current median dwelling price$2,485,000Past 3 months

Property growth+5.5%Past 12 months

Strathfield's median house price is $4.235 million, up 14.0% over the last 12 months, a strong rise, and the median unit price is $735,000, down 3.0% over the last 12 months, a moderate fall. The two property types moved in opposite directions over the last 12 months.

In Strathfield, house rents rose 14.3% over the last 12 months, a sharp rise, while unit rents rose 4.2% over the last 12 months, a modest rise; house rents grew much faster than unit rents.

HousesUnits
Median price
Past 3 months
$4.24M$735K
Change in value
Past 12 months
14.0%-3.0%
Sold
Past 3 months
4053
Median days on market
Past 12 months
5041
Average rent
Past 12 months
$1200$750
Change in rent
Past 12 months
14.3%4.2%

5 year median price trend for houses and units

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Strathfield demographics

Strathfield is a young community with incomes above the median for NSW and 45.6% of homes rented, but most homes are still owner-occupied.

Couples with children are the largest family group at 45.4% of families. At the 2021 Census, 25,915 people lived in Strathfield.

Strathfield and NSW
SuburbNSW
Median age
years
3239
Median household income
weekly
$2,262$1,829
Couples with children
share of families
45.4%44.7%
Couples without children
share of families
39.6%37.9%
One-parent families
share of families
10.7%15.8%
Homes owned outright
share of homes
29.8%32.6%
Homes with a mortgage
share of homes
24.6%33.6%
Homes rented
share of homes
45.6%33.7%
Source: ABS 2021 Census. Shares of homes exclude other and not-stated tenure.

Strathfield infrastructure, key developments and investment opportunities

Strathfield is progressing the Strathfield Town Centre Masterplan: the draft Strathfield Town Centre Master Plan Key Directions report was placed on public exhibition until 16 July 2025 and is intended to guide public-domain, land-use and movement outcomes for the town centre.

Transport for NSW has plans to install platform gap fillers on platform 3 at Strathfield Station in February 2026. The Strathfield Council Library & Innovation Hub was refurbished and reopened in July 2020, with the works including the Ironbark Gallery and an outdoor deck.

Suburbs near Strathfield

Some popular suburbs near Strathfield include:

  • Burwood: a busy inner-west centre with a mix of shops and apartments.
  • Homebush: a mostly residential suburb with established streets and nearby parklands.
  • Enfield: an older, predominantly residential suburb with quiet tree-lined streets.
  • Burwood Heights: a small, quieter neighbourhood with leafy streets and low-rise homes.
  • North Strathfield: a mixed-use area with residential pockets and light industrial zones.

How does Strathfield compare to nearby suburbs?

  • Median unit prices: Strathfield’s median unit price is 10.0% higher than Homebush’s.
  • House price growth: Over the past 12 months, house prices in Strathfield have grown 12.3% higher than in Burwood.
  • Unit price growth: Property prices in nearby Burwood have risen 0.8% more than in Strathfield over the past year.
  • Selling speed for houses: Properties in Strathfield are selling 49.5% faster than in Burwood.
  • Selling speed for units: Properties in Strathfield are selling 14.6% faster than in Burwood.
  • Investment considerations: In Strathfield, the rental yield for house is 30.0% higher than the Sydney average, while the rental yield for units is 5.1% lower.
  • House price growth: Over the past 12 months, house prices in Strathfield have grown 129.7% higher than the average rate of growth across Sydney.
  • Unit price growth:Over the past 12 months, unit prices in Strathfield have grown 18.2% lower than the average rate of growth for units across Sydney.

Common questions about Strathfield

  • Is Strathfield a nice place to live?

    Strathfield centres on a major rail junction and busy station. Tree-lined streets meet parkland and a lively village of shops, cafes and Asian and international dining.

    Strathfield is a young community with incomes above the NSW median; 45.6% of homes are rented, though most remain owner-occupied, and couples with children are the largest family group. The suburb has regular suburban train services, parks and community sport, plus a commercial strip around the transport hub; the Strathfield Council Library & Innovation Hub was refurbished and reopened with the Ironbark Gallery and an outdoor deck, and the draft Strathfield Town Centre Master Plan was on public-domain exhibition to guide public-domain, land-use and movement outcomes for the town centre.

    Down Pointer

  • Is it expensive to live in Strathfield?

    Buying in Strathfield sits well above what local households earned. A typical local household earned $2,262 a week at the last Census, and with a median house price of $4,235,000 a house works out to about 36.0 times a typical local annual household income, while the median unit price of $735,000 is about 6.2 times a typical local annual household income.

    For renters, a house at $1,200 a week would take about 53% of a typical local household's weekly income, a large share, while a unit at $750 a week would take about 33% of that weekly income, a sizeable share. On these figures, buying sits much further above local incomes than renting does, and which number matters most will depend on whether you plan to rent or buy.

    Everyone's financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.

    Down Pointer

  • Is Strathfield a good place to invest?

    The house side of Strathfield's market was the standout over the most recent 12 months: median house values rose a strong 14.0% and house rents also climbed a strong 14.3%. For houses, capital growth and rental income moved by similar, large amounts during that period.

    Units followed a different pattern. Median unit values fell a modest 3.0% while unit rents rose a modest 4.2%, so unit rental income increased even as unit capital values eased.

    This information has been prepared without taking your objectives, needs and overall financial situation into account. It is not meant to be a substitute for professional financial advice. For this reason, you should consider the appropriateness of the information and, if necessary, seek appropriate professional advice.

    Down Pointer

Choose the right real estate agents in Strathfield

Currently, there are 126 real estate agents working in Strathfield—but not all agents deliver the same results. The right agent could make a huge difference to your final sale price.

Only 5 out of these 126 agents sold 36.3% of all properties in Strathfield over the past year. Choosing one of these top-performing agents means tapping into proven expertise for a better sale outcome.

Real estate agents in Strathfield typically charge a commission of 1.66% to 2.15%. Negotiating a fair commission rate and the right structure can motivate your agent to work even harder, helping you sell for more and potentially saving you thousands of dollars.

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