Merrylands Police said the man was walking along Amos Street at 7:30 pm on Wednesday, Apr 28 when three men came from behind him and repeatedly hit him in the face.
"The blows forced the man to the ground where he was set upon by three attackers who began kicking him," The Daily Telegraph quoted a police statement, as saying.
"When a passenger from a passing taxi stopped to assist the victim, one of the assailants stole the assaulted man's wallet, containing a small amount of money, and the attackers fled on foot towards the Parramatta Golf Club," it added.
Police attended the scene along with paramedics. The student suffered a bleeding nose and cut to his mouth and was treated at the scene.
The attack follows a string of similar attacks against Indians in the country in the last 12 months.