VIC/
Strathmore

Suburb Profile

Strathmore - FREE SUBURB PROFILE REPORT
POSTAL CODE: VIC,3041

house
unit

Property investors have seen a 4.45% gain in STRATHMORE based on an increase in median home prices for the past three months.

Based on its average 5-year and quarterly capital gains STRATHMORE, 3041 saw average growth in the long term.

the VIC suburb also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $1,150,000

Profits averaged 13.41% per annum over a 3-year period, due to an upward trend in home prices in STRATHMORE, 3041.

This means, real estate investors could earn a rental income of $530 based on current median home prices for the suburb.

The gross rental yield in STRATHMORE, 3041 is 2.4%.

An average of 9.33 real estate transactions take place per month in STRATHMORE which translates to 112 per annum.

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $1,150,000 $765,000
GROWTH REPORT
Median Quarterly 4.45% 1.46%
Median 12 month 9.52% 24.39%
Median 3 years 40.24% 23.49%
Median 5 years 40.24% 36.61%
10 years average annual 8.12% 8.55%
Weekly media advert. rent $530 $400
Time on Market 59.6 days 65.1 days
Gross Rental Yield Percent 2.4% 2.72%
demographics (median values)
Total Population
7772
Weekly Household Income
1284
Household Size
2.80
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