VIC has seen average median house prices change by 8.06% which means that Strathmore, 3041 has done well for property investors by showing a capital gain of 14.34% over the last year
Comparing Strathmore,3041 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
At number 196th of VIC’s most discounted properties, Strathmore is in the bottom 40% of the state/territory when listing in order of most discounted to least.
A $500 per week rent on the median house gives suburb investors a gross yield of circa 2.32%, without taking into account capital value appreciation, which has been averaging out at 8.16%.
Property value increases in Strathmore have tracked higher than the VIC average of 3.11% over the last 12 months.
Over the longer term, Strathmore has seen property prices show investors a 17.70% return over the last 3 years. This is worse than over the last 12 months
Strathmore is 359th on a list of best yielding suburbs for rents in VIC with a 2.81% return