Get a property report and suburb profile for any property in Strathfield

Join the 2 million Australians* who use our services every year.

Geo Page

Strathfield suburb profile

Strathfield is a vibrant suburb located in Sydney's Inner West, known for its cultural diversity and excellent transport links. Situated approximately 12km from the Sydney CBD, Strathfield offers a mix of residential, commercial, and educational facilities. The suburb is renowned for its grand Federation-style homes, leafy streets, and a strong sense of community. Strathfield Plaza and the bustling local eateries reflect the area's multicultural character. With its well-connected train station and proximity to major roads, Strathfield is a convenient hub for commuters and families seeking a balanced urban lifestyle.

Strathfield property market performance

Current median dwelling price$2,595,000Past 3 months

Property growth+4.1%Past 12 months

Strathfield’s property market has experienced notable changes over the past 12 months. House values have increased significantly by 15.4%, bringing the median house price to $4.15 million. In contrast, unit values have remained stable, with the median unit price at $780,000. This indicates a strong demand for houses, while the unit market maintains equilibrium.

Sales activity has been robust, with 41 houses and 65 units sold in the past three months. The median days on market are relatively close, with houses at 38 days and units at 41 days, suggesting steady buyer interest across both sectors.

The rental market in Strathfield has seen divergent trends over the past year. House rents have surged by 25%, reaching an average of $1,250, while unit rents have edged up by 1.4% to $730, highlighting a strong preference and rising demand for rental houses.

HousesUnits
Median price
Past 3 months
$4.50M$690K
Change in value
Past 12 months
14.3%-6.2%
Sold
Past 3 months
4358
Median days on market
Past 12 months
4542
Average rent
Past 12 months
$1200$730
Change in rent
Past 12 months
17.1%1.4%

5 year median price trend for houses and units

Access homes before they're listed for sale

Build a buying brief and get first access to properties that aren't yet on the market.

OpenAdvantage

Strathfield demographics

Strathfield, located in Sydney's Inner West, is a vibrant suburb known for its multicultural community and convenient access to the city. With a population of 25,915 and a median age of 32, Strathfield is a youthful and dynamic area that attracts families, professionals, and students alike. The suburb's proximity to major transport links, including Strathfield Station, makes it a popular choice for those seeking easy commutes to the Sydney CBD and surrounding areas.

The suburb's family-friendly nature is evident, with 45.4% of households being couple families with children, and 39.6% being couple families without children. This balance of family types contributes to a diverse and inclusive community atmosphere. Additionally, 10.7% of households are one-parent families, and 4.4% fall into the 'other families' category, further highlighting the suburb's varied demographic.

In terms of housing, Strathfield offers a mix of ownership and rental options. Approximately 29.8% of properties are owned outright, while 24.6% are owned with a mortgage, indicating a stable property market with opportunities for both established homeowners and new buyers. The rental market is also significant, with 45.6% of properties being rented, catering to those seeking flexibility and short-term accommodation. With its blend of cultural diversity, family-friendly environment, and convenient location, Strathfield remains a sought-after suburb for many Sydneysiders.

Strathfield infrastructure, key developments and investment opportunities

Strathfield continues to benefit from its role as a key transport hub in the inner west, with frequent rail and bus services linking the suburb to major employment centres, which underpins buyer demand and supports higher-density redevelopment around the station precinct.[3][4] The suburb’s established reputation for prestigious schools and tertiary institutions, alongside leafy residential streets and proximity to Sydney Olympic Park and major retail in nearby centres, remains a core driver of family and investor interest.[4][9]

Council planning in Strathfield is generally focused on managing growth around transport corridors while preserving low-density character streets, which may see ongoing apartment development concentrated near the town centre and along major roads.[4][8] No single transformative infrastructure project has been announced recently that would significantly alter the property market trajectory, but incremental upgrades to local amenities, open space and council services continue to support the suburb’s long-term desirability.[4][8]

Strathfield rental market trends

The rental market in Strathfield is on the rise, with house rents increasing 25% over the past year to $1,250 per week, while unit rents have seen a modest 1.4% growth to $730 per week. As a well-connected suburb with strong demand, Strathfield offers considerable opportunities for investors seeking robust returns and residents looking for accessibility and amenities.

Suburbs near Strathfield

Some popular suburbs near Strathfield include:

How does Strathfield compare to nearby suburbs?

  • Median house prices: Strathfield’s median house price is 47.5% higher than Burwood’s.
  • Median unit prices: Strathfield’s median unit price is 1.0% higher than Homebush’s.
  • House price growth: Over the past 12 months, house prices in Strathfield have grown 9.3% higher than in Burwood.
  • Unit price growth: Property prices in nearby Burwood have risen 9.0% more than in Strathfield over the past year.
  • Selling speed for houses: Properties in Strathfield are selling 55.0% faster than in Burwood.
  • Selling speed for units: Properties in Strathfield are selling 12.5% faster than in Burwood.
  • Investment considerations: In Strathfield, the rental yield for house is 31.7% higher than the Sydney average, while the rental yield for units is 6.6% lower.
  • House price growth: Over the past 12 months, house prices in Strathfield have grown 128.6% higher than the average rate of growth across Sydney.
  • Unit price growth:Over the past 12 months, unit prices in Strathfield have grown 20.2% lower than the average rate of growth for units across Sydney.

Common questions about Strathfield

  • Is Strathfield a nice place to live?

    Strathfield is a delightful suburb that offers a harmonious blend of urban convenience and suburban tranquility, making it a wonderful place to live. Known for its charming, leafy streets and grand Federation-style homes, Strathfield exudes a welcoming and family-friendly atmosphere. The suburb's vibrant multicultural community adds to its unique character, providing residents with a rich tapestry of cultural experiences and a diverse range of dining options. Families will find Strathfield particularly appealing due to its excellent schools and abundance of parks and green spaces, perfect for weekend picnics and leisurely strolls.

    Living in Strathfield offers the advantage of being well-connected to the rest of Sydney, thanks to its strategic location and excellent transport links. The suburb's train station and proximity to major roads make commuting to the Sydney CBD and other areas a breeze, which is a significant draw for professionals and students. While the suburb is bustling with activity, it maintains a sense of safety and community, making it an ideal environment for raising children. However, the trade-off for such convenience and livability is the potential for increased development around the transport corridors, which may lead to higher density living in certain areas.

    For those who enjoy a balanced lifestyle, Strathfield offers a variety of amenities, including shopping at Strathfield Plaza, numerous cafes, and easy access to nearby entertainment hubs. While it may not have the nightlife of inner-city suburbs, its peaceful environment and strong community spirit more than compensate for this. Overall, Strathfield is a charming suburb that caters to families, professionals, and anyone seeking a vibrant yet relaxed place to call home.

    Down Pointer
  • Is it expensive to live in Strathfield?

    Living in Strathfield can be quite expensive, especially when considering the housing market. The median house price is a staggering $4,149,500, which is significantly higher than many other Sydney suburbs. If you're looking at units, the median price is more approachable at $780,000, but it still represents a substantial investment. Renting in Strathfield also demands a considerable budget, with houses averaging $1,250 per week and units around $730 per week.

    When you compare these housing costs with the average full-time wage in Sydney, which is about $2,100 per week or $108,000 per year, it's clear that a large portion of income would go towards accommodation in Strathfield. The median total household income in Strathfield is slightly higher at $2,262 per week, which helps, but the high property prices and rents still make it a costly suburb to call home.

    Overall, while Strathfield offers the advantages of inner-city living with its convenient location and amenities, the cost of housing is a significant consideration. If you're thinking of living in Strathfield, it's essential to evaluate your financial situation to ensure it aligns with the expenses associated with this desirable suburb.

    Disclaimer: To assess whether a suburb is considered expensive, we’ve looked at mortgage and rental costs as a proportion of the average local salary. That said, 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?

    Strathfield is an attractive suburb for property investors, especially those focusing on houses. Over the past 12 months, the suburb has seen a significant 15.4% increase in median house values, indicating strong capital growth potential. This is complemented by a remarkable 25% rise in house rents, suggesting a robust rental market and the potential for solid rental yields. Such growth in both property values and rental income makes houses in Strathfield a compelling investment option.

    While the unit market in Strathfield has remained stable with no change in median values and a modest 1.4% increase in rents, it still offers a steady investment opportunity. The suburb's strategic location, with excellent transport links and proximity to educational institutions, adds to its appeal for both renters and buyers. Overall, Strathfield presents a promising investment landscape, particularly for those interested in houses, with its combination of capital growth and rental income potential.

    Down Pointer

Choose the right real estate agents in Strathfield

Currently, there are 138 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 138 agents sold 36.2% 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.

Not quite ready to sell?

icon

Property report

Suburb and property report

Completed by independent professional experts not a computer.
icon

OpenEstimates

Digital estimate for your property

Compare your property to three recent sales to get a digital estimate.
icon

Navigate the market like a pro

Navigate the market

Get an understanding of the market signals you should keep an eye on.