Domain Market Wrap
Strathfield – Burwood – Ashfield
April 2026 quarter
Dr Nicola Powell
Chief of Research and Economics
Market Overview
More sellers were active through April, gradually increasing choice for buyers and easing urgency. This shift in supply is coinciding with the third RBA rate hike, with the cumulative impact now materially reducing borrowing capacity and reinforcing more cautious, price sensitive behaviour. Auction outcomes reflect this change, with clearance rates easing to 53% and the withdrawn proportion elevated at 26.9%, pointing to a reset in vendor expectations. Inflation and cost of living pressures are adding to restraint, particularly at higher price points. Demand remains, but is increasingly selective, with well priced, high quality homes — particularly in more affordable segments such as units — continuing to attract interest.
Auction Market Snapshot
Houses
• Auction Volume: 237
• Clearance Rate: 63.7%
• Sold Prior: 63
• Withdrawn: 31
Units
• Auction Volume: 125
• Clearance Rate: 68.1%
• Sold Prior: 46
• Withdrawn: 9
Days on Market
The average time properties were advertised over the past 3 months:
• Houses: 80.7 days
• Units: 75.6 days
Origin of enquiries
54.1% of sales enquiries in Strathfield – Burwood – Ashfield came from outside the area.