Strathfield – Knockdown Rebuild

Homer Blancaver
Updated 4 min read
33 Cave Road, Strathfield NSW (2024 case study property) 33 Cave Road, Strathfield NSW (2024 case study property)
33 Cave Road, Strathfield NSW (2024 case study property) 33 Cave Road, Strathfield NSW (2024 case study property)

Updated November 2026: we added a “Strathfield today” section with current Stash suburb figures and what has happened to the property since. The deal figures below are from 2024.

Address

33 Cave Road, Strathfield, NSW 2135

Investment Strategy

Knockdown Rebuild

Development Timeline

24/07/2023
Property Purchased
$2,550,000
20/04/2024
Property Sold
$4,990,000
See what it looks like today

Rental Insights

Stash shows rental figures for every property's suburb, including Long Term Rental Statistics (vacancy rate, homes rented in the last 12 months, median rent and potential yield) and the Long Term Yield Analyser, which compares yields by bedroom count and property type. November 2026: the screenshots below were taken in 2024. Some of the statistics shown in them, such as short-term (Airbnb) and rooming rental figures, are no longer part of the standard Stash property page.

Stash rental insights for 33 Cave Road, Strathfield NSW (2024)
Stash rental insights for 33 Cave Road, Strathfield NSW (2024)
Stash rental insights for 33 Cave Road, Strathfield NSW (2024)

Source: stashproperty.com.au

Stash rental insights for 33 Cave Road, Strathfield NSW (2024)

Development Stats

2024

Year of Development

270

days held

2.4

Gross Profit

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

Stash map showing nearby sale prices around 33 Cave Road, Strathfield NSW (2024)

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

Strathfield today (November 2026)

Houses in Strathfield over the 12 months to October 2026 (Stash data, November 2026):

  • Median house sale price: $4,199,500 (140 sales)
  • 12-month change in the median: -6.3%
  • Median rent: $1,250 per week, a median gross rental yield of 1.9%
  • Vacancy rate: 1.1%; median days on market: 36

Stash's sales history shows no sale of 33 Cave Road since the $4,990,000 sale in April 2024 covered in this case study.

The project bought at $2,550,000 in 2023 and sold the new home for $4,990,000. Over the last 12 months the Strathfield median house price was $4,199,500, a change of -6.3%.

See the latest figures on the Strathfield suburb page. To test the numbers on a knockdown rebuild site of your own, see Run a feasibility study in the Help Centre.

Strathfield suburb median chart from Stash (2024)
Suburb Median
Strathfield vacancy rate chart from Stash (2024)
Vacancy Rate
Strathfield sales volume chart from Stash (2024)
Sales Volume

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Homer Blancaver
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