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North Strathfield suburb profile

North Strathfield is a vibrant suburb located in Sydney's inner west, approximately 15km from the CBD. Known for its blend of residential, commercial, and recreational spaces, it offers a dynamic lifestyle for its residents. The suburb features a mix of modern apartments and traditional homes, catering to diverse living preferences. North Strathfield is well-serviced by public transport, including a train station, providing easy access to the city and surrounding areas. The area is also home to popular dining and shopping precincts, such as the Bakehouse Quarter, which adds to its appeal as a lively and convenient place to live.

North Strathfield property market performance

Current median dwelling price$1,689,000Past 3 months

Property growth+9.9%Past 12 months

North Strathfield's property market has shown robust performance in the unit sector, with a median unit price reaching $890,000, reflecting an 8.7% increase over the past 12 months. However, house data is limited due to only four sales, indicating minimal market activity. Units are selling briskly with a median of 24 days on the market, compared to the absence of recent house sales data.

The rental market for houses is particularly strong, with rents surging by 16.2% to $1,150 over the last year. Unit rentals have also experienced growth, rising by 8.7% to $750, signaling robust demand across the board.

HousesUnits
Median price
Past 3 months
N/A$828K
Change in value
Past 12 months
8.5%11.2%
Sold
Past 3 months
414
Median days on market
Past 12 months
N/A25
Average rent
Past 12 months
$1150$750
Change in rent
Past 12 months
15.6%7.1%

5 year median price trend for houses and units

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North Strathfield demographics

North Strathfield, located in Sydney's Inner West, is a suburb that offers a blend of suburban tranquility and urban convenience. With a population of 4,618 and a median age of 34, it attracts a mix of young families and professionals who appreciate its proximity to the city while enjoying a more relaxed lifestyle. The suburb is well-served by public transport, making it an attractive option for commuters working in the Sydney CBD.

The family-friendly nature of North Strathfield is evident, with nearly half of the households being couple families with children, accounting for 47.9% of the population. This is complemented by 36.4% of couple families without children, indicating a balanced community structure that caters to both growing families and those enjoying a quieter life. The presence of one-parent families at 13.4% and other families at 2.2% adds to the suburb's diverse demographic profile.

In terms of housing, North Strathfield offers a mix of ownership and rental opportunities. Approximately 23.3% of properties are owned outright, while 26.7% are owned with a mortgage, reflecting a stable property market with opportunities for both established homeowners and new buyers. The rental market is also significant, with 49.9% of properties being rented, appealing to those seeking flexibility or temporary accommodation. The suburb's median total household income of $2,333 per week suggests a relatively affluent community, supported by local amenities, parks, and a vibrant dining scene that enhances the quality of life for its residents.

Suburbs near North Strathfield

Some popular suburbs near North Strathfield include:

How does North Strathfield compare to nearby suburbs?

  • Median house prices: North Strathfield’s median house price is 86.8% higher than Homebush’s.
  • Median unit prices: North Strathfield’s median unit price is 21.1% higher than Homebush’s.
  • House price growth: Over the past 12 months, house prices in North Strathfield have grown 4.4% higher than in Concord.
  • Unit price growth: Over the past 12 months, unit prices in North Strathfield have grown 6.8% higher than in Concord.
  • Selling speed for units: Properties in North Strathfield are selling 51.9% faster than in Homebush.
  • Investment considerations: In North Strathfield, the rental yield for house is 26.2% higher than the Sydney average, while the rental yield for units is 4.1% lower.
  • House price growth: Over the past 12 months, house prices in North Strathfield have grown 34.0% higher than the average rate of growth across Sydney.
  • Unit price growth:Over the past 12 months, unit prices in North Strathfield have grown 2.2% higher than the average rate of growth for units across Sydney.

Choose the right real estate agents in North Strathfield

Currently, there are 48 real estate agents working in North 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 48 agents sold 28.2% of all properties in North 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 North 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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