Investment property in Strathmore has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 9.65%
If we look at median property appreciation over just the last three months, Strathmore has given property investors a paper return of 1.32%. This puts Suburb as 467 on a list of fastest fasting appreciating suburbs in VIC
Property investors looking for a bargain in Strathmore should be aiming for at least -5.79% off the asking price, which is the average vendor discount being achieved at the moment.
Renters in Suburb are facing rents around $6246 per annum or $520.5 every week.
Property value increases in Strathmore have tracked higher than the VIC average of 4.83% over the last 12 months.
Comparing Strathmore,3041 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Sellers are offering property buyers an average discount of -2.90% to buyers in Strathmore at the moment, which is less than average for the rest of VIC.
On average over the past year, suburb has had 1.83 sales per month, which equates to 22 per year.
Property investors should expect to get $400 weekly from the median priced house in this suburb.