Strathmore, 3041 ranked 70th in VIC when comparing growth in median property values or capital gain over the last 12 months. Strathmore is one of 2098 in our list for VIC
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Strathmore has increased when compared to the 5 year average annual rate.
State is the 6th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.99% offered to property buyers. Sellers in Strathmore itself are offering an average vendor discount of -5.00% to real estate investors.
Often selling an investment property can take time, and in Strathmore the average time real estate has been on the market is 74.21 days.
Property investors should expect to get $482.5 weekly from the median priced house in this suburb.
Property investors who have had real estate in Strathmore, 3041 should be relatively unhappy with this VIC suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -1.18%
Strathmore, 3041 is offering VIC ‘s 187th most discounted properties when looking at the average discount being offered by vendors. This puts it in the middle of discounts offered by this VIC.
Using the current median advertised rental of $360 and the average annual increase in value of a median property of 5.97%, investors should hope to achieve an overall return of 3.13%