Rental Insights
Unleash the true earning power of your property with Stash Property. Whether it’s capitalising on the flexibility of short-term platforms like Airbnb, securing stable income with long-term tenants, or maximizing space with individual room leases, Stash analyses every option to pinpoint the most lucrative path for your specific property. With Stash, maximising your potential yield is no longer a gamble, it’s a well-calculated strategy.
Source: stashproperty.com.au
Development Stats
2024
270
2.4
About the Property
Brand new luxury home showcasing exquisite designer appeal
33 CAVE ROAD, STRATHFIELD
Brand new luxury home showcasing exquisite designer appeal
Showcasing a brand new state-of-the-art build, this magnificent designer sanctuary delivers opulent family living and entertaining at its finest. It’s tucked away in a peaceful Strathfield enclave, surrounded by sought-after schools, parklands and shops.
– Sweeping open plan interiors with a soaring ceiling void
– Stunning alfresco terrace with ceiling fan and a BBQ kitchen
– Impeccable entertainers’ kitchen with superb Butlers’ pantry
– Swimming pool and sun washed lawns for children to play
– Highly flexible layout incorporates a media room and study
– Six bedrooms five with ensuites, guest suite on entry level
– Highlight windows and atrium courtyard channel natural light
– Laundry/mudroom, ducted air conditioning, premium finishes
– Double garage with internal access plus
– Close to elite Schools, Stroll to Cooks River path and playground
From the realestate.com.au listing
Source: stashproperty.com.au
About the Suburb
Strathfield, NSW 2135, is a suburb with a diverse population of around 25,915 residents. The area is popular among professionals and technicians/tradeworkers, with a high number of residents working as managers and professionals. The suburb offers convenient commuting options, with a significant portion of residents using trains and motor vehicles for their daily commute. Majority of residents have a high level of educational advantage, as indicated by the ICSEA percentile of 73.5 for government schools. Strathfield provides a good mix of age groups, with a significant number of young adults aged 20-34 years and families with children aged 5-19 years. The suburb also has a high percentage of residents choosing to work from home.
Investors looking into Strathfield will find a suburb with a strong property market. The suburb has a high market absorption rate, indicating high demand and potential for price growth. With a high online search interest, Strathfield is likely to attract more buyers and tenants. The median growth rate is impressive for both houses and units, showcasing good potential for capital appreciation. For investors interested in units, the rental yield is attractive at 5.1%, making it a promising option for investment properties. Additionally, the suburb has a low vacancy rate and high demand for renting out rooms, indicating a healthy rental market.
Strathfield, NSW 2135, offers a vibrant lifestyle for residents with its diverse demographic mix and convenient commuting options. Homeowners and investors alike can benefit from the strong property market in the suburb. With high demand for both buying and renting properties, along with good growth rates and rental yields, Strathfield presents itself as a promising suburb for property investment and living.
Sources:
– proptechdata.com.au
– Australian Bureau of Statistics (ABS) Census 2021
– Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022
Suburb Median
Vacancy Rate
