Strathmore is an average performer in VIC when comparing median price capital growth over the last year. Strathmore gave property investors a average capital gain figure when compared to the rest of the state, with 9.52%.
Strathmore,3041 was ranked 915 in Australia by increase in median property value over the quarter.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Strathmore, 3041. Typically our figures indicate that -5.70% is being offered, which puts this VIC suburb at 1841th most discounted overall in Australia.
In the last year 112 properties changed hands in Strathmore, which puts it as the 237th most active market in VIC when comparing the number of sales per suburb.
A $530 per week rent on the median house gives suburb investors a gross yield of circa 2.40%, without taking into account capital value appreciation, which has been averaging out at 8.12%.
If you compare the increase in value of investment property in Strathmore, 3041 to the rest of Australia, it performed very well. The median increase in value, or capital gain property investors experienced for this VIC suburb was 24.39%.
While Strathmore,3041 ranked number 184th in VIC for increase in median house value (annualised) increase, it is ranked 78th over the last 5 years.
Strathmore3041 is located in VIC which offers an average discount of -4.87% to property investors. Strathmore itself is showing figures that indicate -2.90% is the average achievable by property buyers investing in the suburb.
On average over the past year, suburb has had 1.75 sales per month, which equates to 21 per year.
Strathmore, 3041’s gross rental yield is 2.72%