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Strathfieldsaye
AREA REPORTS

Strathfieldsaye

Strathfieldsaye - SUBURB PROFILE REPORT
POSTAL CODE: VIC, 3551

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STRATHFIELDSAYE, 3551 ranks 458th on the best performing suburbs in Australia in terms of capital gains, returning capital gains of 17.52% for property investors.

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

The suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $560,000.

The upward trend in home prices in STRATHFIELDSAYE, 3551 averaged 6.72% per annum over a 3-year period.

Average weekly rents on listings have reached the $430 mark, reflecting a 3.99% increase in returns based on the current median price in STRATHFIELDSAYE.

An average of 9.08 real estate transactions take place per month in STRATHFIELDSAYE which translates to 109 per annum.

109 properties were sold in STRATHFIELDSAYE in 2016, making it the 612th most active market in VIC based on total real estate transactions.

STRATHFIELDSAYE, 3551 places 225th in Australia based on median property value growth during the quarter.

Data report can be found below

Strathfieldsaye
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $560,000 N/A
GROWTH REPORT
Median Quarterly 3.7% N/A
Median 12 month 17.52% N/A
Median 3 years 20.17% N/A
Median 5 years 32.54% N/A
10 years average annual 4.54% N/A
Weekly media advert. rent $430 N/A
Time on Market 64.4 days N/A
Gross Rental Yield Percent 3.99% N/A
demographics (median values)*
Total Population
29565
Weekly Household Income
1637
Household Size
2.90
Age
36
Monthly Loan Repayment
1603
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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