Belfield, NSW

UNDERVALUED

3,630 sales · 35 years of data · NSW, Australia

$1,125,750
Median (All)
$2,017,500
Median (Houses)
$897,500
Median (Apartments)
0.7%
10yr CAGR
5.8%
35yr CAGR
22.0%
Strata %
35 years of data · 3,630 sales analysed · 2,500+ suburbs · Updated weekly

Belfield, NSW Property Market Overview

Belfield, NSW, 2191, is a suburb located in Sydney, offering a mix of residential living and convenient access to amenities. With a substantial 35 years of property market data, AusPropertyInsights.app has recorded 3,630 sales in Belfield. The current median property price for all properties in Belfield stands at $1,125,750, reflecting a diverse range of housing options.

Belfield's property market includes both houses and apartments, with current median prices of $2,017,500 and $897,500, respectively. This price variation caters to different buyer demographics and investment strategies. The suburb's historical performance is reflected in its Compound Annual Growth Rates (CAGR), which vary across different timeframes. Belfield presents a well-established property market with a history of price appreciation.

Currently undervalued
Relative to the long-term price trend line
$500K invested 10yr ago → $536,123
Based on the 10-year compound annual growth rate of 0.7%
Predominantly houses22% apartments
78% of sales are houses and other non-strata properties
Loading chart...

Property Mix

78%
22%
Houses 78%$2,017,500Apartments 22%$897,500

Data You Can Trust

Every figure backed by NSW government sale records

7 million+
verified sale records
2,500+
NSW suburbs covered
35 years
of market history
Weekly
NSW Gov. data updates

What Subscribers See

A preview of the full analysis available for Belfield

Street Rankings

Top streets in Belfield, NSW by median sale price

See which streets command the highest prices and how many sales back each ranking.

#StreetTypeSalesMedian Price
1Seymour PdeHouse7$2,125,000
2Punchbowl RdApartment21$830,000
3Baltimore StApartment12$1,088,000
4Punchbowl RdHouse12$1,557,500

... and 72 more streets available

Subscribers also see:

  • Street price per m² analysis
  • Street annual growth rates (CAGR)
  • Premium vs discount % comparison
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Price per m²

Streets by price per square metre

Compare land and building value across streets — essential for finding underpriced pockets.

#StreetTypeSalesMedian $/m²
1Baltimore StHouse3$4,239/m²
2Water StApartment10$5,915/m²
3Punchbowl RdApartment21$6,960/m²
4Bruce AveHouse4$5,461/m²

... and more $/m² rankings

View full $/m² data
Growth Rates

Fastest growing streets by median price

10-year compound annual growth rate (CAGR) by street — see which streets are outperforming the suburb.

#StreetType10yr CAGR
1Chatfield AveHouse+5.1%
2Birdwood AveHouse+6.9%
3Margaret StHouse+6.9%
4Baltimore StHouse+7.8%

... and more street growth rates

See all growth rates

Past growth rates are not indicative of future performance. This data is for informational purposes only.

Building Analytics

Building-by-building comparison

78
apartment buildings analysed
#AddressSalesMedian$/m²
127 Punchbowl Rd21$830,000$6,960/m²
290 Water St10$792,500$5,915/m²

... and 74 more buildings

Compare individual buildings by price per sqm, median unit price, and sales volume. Identify which buildings are gaining or losing value relative to the suburb average.

View full building data
Risk Indicator

Flipper risk & hold period analysis

Available with full access
 

Properties resold within 2 years may signal problems — structural issues, noisy locations, or overpayment. See hold period distribution and flagged streets.

See flipper risk data
Risk Indicator

Settlement times & problem streets

58
average days to settlement

Extended settlement times can indicate building defects, financing difficulties, or legal issues. See which streets have the longest settlement periods.

See settlement data
Suburb Change

Density & development tracking

22%
apartments across 78 buildings

Track which streets are converting from houses to apartments. Understand how density is changing the suburb's character and property values over time.

See density trends

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76 streets and 78 buildings to explore

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3 street rankings
All 76 streets ranked
Cycle chart preview
Full chart — all years
Basic median prices
Price per m² by street
Suburb-level growth only
10-year CAGR by street
Building count only
78 buildings compared
Summary stats only
Flipper risk + settlement data

Based on 3,630 verified property sales across 35 years · Last updated: February 2026

Trusted by 100+ property investors across NSW

Belfield at a Glance

Region
Inner West
CBD Distance
15km west of Sydney CBD
Train Station
Flemington Station (T3 Bankstown Line)
Council
Strathfield Municipal Council
Property Character
Established residential with a mix of houses and apartments
Community
Families and professionals

Belfield, NSW

Map data © OpenStreetMap contributors

Local Amenities


Living in Belfield, NSW

Living in Belfield offers a blend of convenience and community. The suburb is home to several schools, including Belfield Public School, catering to families with children. Residents enjoy access to local parks and recreational areas, providing green spaces for outdoor activities. Strathfield Plaza and Burwood Westfield are nearby shopping centres offering a wide range of retail and dining options.

Belfield's community vibe is generally considered family-friendly, with a mix of long-term residents and newer families moving into the area. The suburb's location provides easy access to major roads and public transport, making it a convenient place to live and commute from. Belfield offers a balance of suburban living with access to urban amenities.


Who Buys in Belfield?

The buyer profile in Belfield is diverse, reflecting the suburb's mix of housing types and price points. The median house price of $2,017,500 may attract established families seeking larger homes, while the median apartment price of $897,500 could appeal to first home buyers or downsizers. The strata percentage of 22.0% indicates a significant proportion of apartment dwellers in Belfield.

Belfield's historical growth, reflected in its CAGR figures, may attract investors seeking long-term capital appreciation. The suburb's location and amenities also make it appealing to professionals working in the Sydney CBD or surrounding areas.

Market Analysis

Currently, the Belfield property market is assessed to be below its long-term trend, indicating that it is in undervalued territory. This assessment is based on AusPropertyInsights.app's proprietary cycle analysis, which considers various market indicators to determine the suburb's position relative to its historical performance.

This cycle position suggests that property prices in Belfield may be trading at a discount compared to their long-term average. However, it is essential to conduct thorough due diligence and consider individual circumstances before making any property decisions. The cycle position is a historical observation and not a prediction of future performance.


Is Belfield a Good Investment?

Belfield's property market is characterised by historical growth and cyclical patterns. The full-period CAGR of 5.8% over 35 years suggests a long-term trend of property value appreciation in Belfield. The current cycle position, indicating that the market is below its long-term trend, presents a potential entry point for buyers.

However, it is crucial to note that historical performance is not indicative of future results, and property values can fluctuate. Factors such as interest rates, economic conditions, and local infrastructure developments can influence property prices in Belfield. The suburb's mix of houses and apartments, along with its convenient location and amenities, contribute to its overall appeal.


Belfield Market Outlook

As of early 2026, the Belfield property market is positioned below its long-term trend. Recent price trends in Belfield have reflected broader market conditions, with adjustments observed in response to economic factors. AusPropertyInsights.app continues to monitor market indicators to provide updated analysis of Belfield's property market.

It is important for property owners and potential buyers to stay informed about market trends and seek professional advice before making any decisions. The cycle position is a snapshot in time and may change as market conditions evolve.

Streets & Location in Belfield, NSW

Belfield, postcode 2191, comprises 76 streets, with notable streets including FIRST AVE, BURWOOD RD, and LINCOLN ST, known for their higher median property prices. The suburb's location offers a blend of residential quietude and accessibility to major arterial roads and commercial centres. Belfield's streetscape reflects a mix of established homes and newer developments.

Market Dynamics

The average settlement days for properties in Belfield is approximately 58 days, indicating a relatively efficient transaction process. AusPropertyInsights.app tracks various market indicators to provide a comprehensive view of property transaction patterns in Belfield. The absence of quick-flip data suggests that Belfield is not a market dominated by short-term speculative activity.

Development & Density

Belfield's development density includes a mix of houses and apartments, with 78 apartment buildings contributing to the suburb's housing stock. The strata percentage of 22.0% reflects the proportion of apartment living in Belfield. This mix of housing types caters to a diverse range of residents and property owners.

Growth & Property Mix

Belfield's historical growth rates provide context for potential property owners. The suburb has demonstrated a 10-year CAGR of 0.7%, a 20-year CAGR of 4.7%, and a full-period CAGR of 5.8% over the 35 years of recorded data. The property mix in Belfield includes a significant proportion of strata apartments, accounting for approximately 22.0% of the total property stock.

All data on this page is sourced from NSW government property sale records. Market analysis, cycle positions, growth rates, and all other metrics are provided for informational purposes only and do not constitute financial, investment, legal, or property advice. Always seek independent professional advice before making any property or financial decisions.

This information is based on historical sales data and does not constitute financial, investment, or property advice. Past performance is not indicative of future results. Always consult a qualified professional before making property decisions.

Frequently Asked Questions about Belfield, NSW

What is the median property price in Belfield?
As of early 2026, the median property price in Belfield is $1,125,750 for all properties. The median house price is $2,017,500, while the median apartment price is $897,500, reflecting the diverse range of housing options available in the suburb.
Is Belfield overvalued or undervalued?
According to AusPropertyInsights.app's analysis, Belfield is currently below its long-term trend. This indicates that the suburb is in undervalued territory, based on our proprietary cycle analysis.
How has the Belfield property market performed over 10 years?
Over the past 10 years, the Belfield property market has experienced a Compound Annual Growth Rate (CAGR) of 0.7%. This figure represents the average annual growth rate of property values in Belfield over that period.
What percentage of Belfield is apartments vs houses?
Apartments, or strata properties, make up approximately 22.0% of the total property stock in Belfield. This indicates a significant proportion of apartment living within the suburb's housing mix.
Where is Belfield in the property cycle?
Based on our analysis, Belfield is currently below its long-term trend, suggesting that it is in undervalued territory. This assessment is based on various market indicators tracked by AusPropertyInsights.app.
What schools are near Belfield?
Belfield is conveniently located near several schools, including Belfield Public School. Other nearby schools include Strathfield North Public School and St Martha's Catholic Primary School, providing options for families with children.
What is Belfield like to live in?
Belfield offers a blend of suburban living with access to urban amenities. The suburb is characterised by a mix of housing types, local parks, and convenient access to shopping centres and transport options, making it an appealing place to live.
Is Belfield good for families?
Belfield can be a suitable suburb for families, given its proximity to schools, parks, and family-friendly amenities. The mix of housing options, including houses and apartments, caters to different family sizes and budgets. However, it is essential to consider individual needs and circumstances.
How far is Belfield from Sydney CBD?
Belfield is approximately 15 kilometres west of the Sydney CBD. This distance allows for a manageable commute to the city via car, train, or bus.
What transport options are in Belfield?
Belfield offers several transport options, including access to Flemington Station on the T3 Bankstown Line. Various bus routes also service the suburb, and major roads like the Hume Highway provide convenient access to surrounding areas.
How does Belfield compare to nearby suburbs?
Compared to nearby suburbs, Belfield offers a mix of affordability and convenience. While median property prices may vary, Belfield generally provides a balance of housing options and access to amenities, making it a competitive option in the Inner West region.
Is Belfield a good first home buyer suburb?
Belfield may be an option for first home buyers, particularly those considering apartments, which have a median price of $897,500. The suburb's location and transport options are also factors to consider, as well as its historical growth patterns.
What are the best streets in Belfield?
Some of the streets in Belfield known for their higher median prices include FIRST AVE, BURWOOD RD, and LINCOLN ST. These streets may offer desirable locations and property characteristics within the suburb.
How many properties have been sold in Belfield?
Over the past 35 years, a total of 3,630 properties have been sold in Belfield. This figure represents the total number of recorded sales in the suburb, as tracked by AusPropertyInsights.app.
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