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Strathfield Suburb Insights

VIC
Location Information

Suburb Name

Strathfield, VIC

Distance from CBD

18.6 km
Demographics

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