Over the last year, property investments in Strathmore, 3041 have given investors a capital gain of 10.26%. This compares averagely with the 8.96% for VIC as a whole.
Comparing Strathmore,3041 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Strathmore3041 is located in VIC which offers an average discount of -5.87% to property investors. Strathmore itself is showing figures that indicate -7.41% is the average achievable by property buyers investing in the suburb.
At number 1171 in a list of fastest selling suburbs, Strathmore is in the TOP 40% of suburbs in Australia with an average of days on market 64 for properties listed there.
Advertised rents are around the $520 mark per week – giving a return of 2.42% based on the median price in Suburb
Investment property in Strathmore has done well for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 27.71%
Taking the average capital gain, or increase in median house value, Strathmore,3041 has racked up an average of 27.71% over the period. This ranks it number 413th in the whole country for real estate investors looking at median house price increases.
Our latest figures would indicate that property sellers in Strathmore are currently offering property investors an average price cut of -3.36% below the asking price at the moment.
Strathmore, 3041’s gross rental yield is 2.58%