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Strathmore Heights
AREA REPORTS

Strathmore Heights

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

house

Property investments in STRATHMORE HEIGHTS did not fare well against the rest of the country last year, registering a median home price decrease of 18.56%.

Figures from the previous quarter show that capital gains for real estate buyers in the territory are low, as opposed to average gains per annum over the past five years.

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

It is expected, nonetheless, for properties to spend some time on the market prior to a successful sale. homes and units usually stay on listing for an average of 0.0 days.

Besides that, the Australian suburb also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value.

Property investors perceived the median home price rise to $990,000.

STRATHMORE HEIGHTS ranks 735th on the list of best yielding suburbs for rental properties in VIC, posting a 0% return.

Data report can be found below

Strathmore Heights
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $990,000 N/A
GROWTH REPORT
Median Quarterly -4.35% N/A
Median 12 month 18.56% N/A
Median 3 years 11.24% N/A
Median 5 years 25.32% N/A
10 years average annual 6.66% N/A
Weekly media advert. rent N/A N/A
Time on Market 0.0 days N/A
Gross Rental Yield Percent N/A N/A
demographics (median values)*
Total Population
12412
Weekly Household Income
1905
Household Size
2.70
Age
39
Monthly Loan Repayment
2000
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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