If you compare the increase in value of investment property in Strathmore, 3041 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this VIC suburb was 10.85%.
The five-year average increase in median property values for Strathmore,3041 has given property investors a potential capital gain of 45.06% across each of those five years.
Sellers are offering property buyers an average discount of -3.60% to buyers in Strathmore at the moment, which is less than average for the rest of VIC.
Renters in Suburb are facing rents around $6600 per annum or $550 every week.
Property value increases in Strathmore have tracked higher than the VIC average of 5.66% 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
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 -2.72% is being offered, which puts this VIC suburb at 1316th most discounted overall in Australia.
Strathmore, 3041’s gross rental yield is 3.19%