VIC has seen average median house prices change by 7.80% which means that Strathmore, 3041 has done well for property investors by showing a capital gain of 16.09% 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
Property buyers and investors in Strathmore 3041 should be seeing an average reduction in asking price of around -6.87% . This means that Strathmore is holding prices well when compared to other suburbs in VIC.
On average over the past year, suburb has had 11.92 sales per month, which equates to 143 per year.
With the median price for a house in Strathmore being $1053500 and the advertised rent reaching $490 the gross rental yield for property investors calculates out to be 2.42%
VIC has seen average median house prices change by 3.63% which means that Strathmore, 3041 has done well for property investors by showing a capital gain of 3.92% over the last year
A 9.93% growth in median value for property investors in Strathmore,3041 puts this suburb at number 98th in terms of best performing suburbs in VIC