AREA REPORTS

Strathdale

 

 

VIC/
Strathdale

Suburb Profile

Strathdale - FREE SUBURB PROFILE REPORT
POSTAL CODE: VIC,3550

house

STRATHDALE, 3550 delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.

Average median house prices in VIC have risen as a whole, pulling STRATHDALE, 3550 values up and netting property investors a capital gain of 9.87% for the past year.

Investors saw the median home price rise to $417,500.

Profits due to an upward trend in home prices in the suburb averaged 0.57% per annum over a 3-year period.

STRATHDALE now ranks at the 326th place on a list of fastest growing suburbs in the territory.

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

Because of this real estate investors could earn a rental income of $350 based on current median home prices.

Regardless, it is expected for properties to spend some time on the market prior to a successful sale. In STRATHDALE, homes and units usually stay on listing for an average of 68.5 days.

In 2016, 122 properties were sold in STRATHDALE during the past year, making it the 657th most active market in VIC based on total real estate transactions.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $417,500 N/A
GROWTH REPORT
Median Quarterly -0.6% N/A
Median 12 month 9.87% N/A
Median 3 years 1.71% N/A
Median 5 years 7.05% N/A
10 years average annual 4.78% N/A
Weekly media advert. rent $350 N/A
Time on Market 68.5 days N/A
Gross Rental Yield Percent 4.36% N/A
demographics (median values)
Total Population
5580
Weekly Household Income
1017
Household Size
2.50
demographics
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