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Strathfield Suburb Insights
VICLocation Information
Suburb Name
Strathfield, VIC
Distance from CBD
18.6 kmDemographics
Population
25,813
Median Income
$34,424
Area Information
Area
6.57 km²
Population Density
3929 people/km²
Property Market
Median Price
$971,014
Annual Growth
+7.2%Property Price Trend Analysis
Current Median Price
$971,014
Annual Growth
+7.2%
Quarterly Growth
+3.9%
Price Trends - Last 6 Months
2024-01
$619,323
+5.4%2024-02
$503,657
+12.9%2024-03
$469,450
+5.4%2024-04
$608,745
+11.6%2024-05
$575,569
+11.2%2024-06
$1,195,267
+11.6%Property Type Price Analysis
House
Median Price
$1,340,490
Growth Rate
+7.5%Available Listings
312 properties
Apartment
Median Price
$385,873
Growth Rate
+17.5%Available Listings
629 properties
Townhouse
Median Price
$671,813
Growth Rate
+7.7%Available Listings
55 properties
Investment Potential Assessment
Investment Advantages
- Strong quarterly growth momentum
- Diverse property types available
Considerations
- Rising prices may affect affordability
- Monitor interest rate changes
- Consider long-term investment strategy