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Stratton

POSTAL CODE: WA, 6056
HOUSE

Property investments in STRATTON fare well against the rest of the country last year, registering a median home price increase of 10%.

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 STRATTON, 6056 saw average growth in the long term.

Real estate investors could earn a rental income of $650 based on current median home prices for the suburb.

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 9.9 days.

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

Property investors perceived the median home price rise to $643,500.

STRATTON ranks 60th on the list of best yielding suburbs for rental properties in WA, posting a 5.25% return.

Surburb overview

Stratton is a predominantly residential suburb in the City of Swan, approximately 19 kilometres east of Perth's central business district. Formerly known as Wexcombe, the suburb was renamed in 1989 to honour John Peter Stratton, a notable local landowner and long-serving Western Australian Trotting Association president. 

According to the 2021 Australian Census, Stratton had a population of 3,267 residents, with a median age of 33. Households in the area primarily comprise couples with children, and approximately 66.1% of homes are owner-occupied, reflecting a stable community. 

As of November 2024, the median house price in Stratton is approximately $540,500, with an annual capital growth rate of 28.7%. Rental properties have a median rent of $617 per week, offering a gross rental yield of 5.9%. Houses typically spend an average of 6 days on the market, indicating strong demand in the area. 

Stratton is accessible via major roads such as the Great Eastern Highway, providing residents with connectivity to Perth and surrounding regions. Public transportation options include Transperth bus services that link to Midland Station, a significant transport hub offering further connections to the greater Perth area.

The Swan View Shopping Centre and Ridge Centre serve the suburb and cater to residents' retail needs. Educational institutions in the vicinity include Middle Swan Primary School and Swan View Senior High School, which accommodate the academic requirements of local families.

Stratton features several parks, such as Talbot Road Bushland Conservation Area, providing residents with outdoor activities and nature appreciation opportunities. Its proximity to the Swan Valley allows easy access to wineries, restaurants, and leisure activities.

Residents describe Stratton as a suburb with a country feel and large blocks, offering a peaceful environment close to essential services. The area is noted for its proximity to shops, schools, the airport, and parks, making it convenient for various lifestyles. 

Stratton offers a blend of suburban living with access to urban amenities and natural attractions, making it a distinctive suburb within the Perth metropolitan area. 

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