Suburb Profile Report for Stratford VIC (3862)

Stratford House: Median price $265,000, Annual capital growth 3.99%, Number of sales 23, Weekly median advertised rent $250

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report

Over the last year, property investments in Stratford, 3862 have given investors a capital gain of 1.24%. This compares very badly with the 9.04% for VIC as a whole.

Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Stratford has fallen somewhat when compared to the 5 year average annual rate.

Stratford3862 is located in VIC which offers an average discount of -5.80% to property investors. Stratford itself is showing figures that indicate -6.76% is the average achievable by property buyers investing in the suburb.

Using the current median advertised rental of $250 and the average annual increase in value of a median property of 3.99%, investors should hope to achieve an overall return of 4.91%

Metrics i HOUSE UNIT
$265,000 N/A
-1.85% N/A
1.24% N/A
3.99% N/A
$250 N/A
23 N/A
4.91% N/A
112.54 N/A

Source: CoreLogic

DSR Score for property investment : Balanced (U), Above average (H)
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Demographics
Total population 2614
Median household income ($/weekly) 996
Median age of persons 42
Median housing loan repayment ($/monthly) 1300
Average household size 2.5
  • Census Count Percent(%)
    5-14 years 386 14.8
    25-34 years 276 10.6
    35-44 years 322 12.3
    45-54 years 364 13.9
    55-64 years 445 17.0
    Others 822 31.4
    Age Group
    Census Count Percent(%)
    Registered Married 1043 57.9
    Not Married 571 31.7
    Defacto Relationship 187 10.4
    Social Marital Status
  • Census Count Percent(%)
    Australia 2216 91.0
    New Zealand 20 0.8
    Papua New Guinea 33 1.4
    United Kingdom 78 3.2
    Other 16 0.7
    Others 71 2.9
    Country of Birth
    Census Count Percent(%)
    Christianity 1567 67.4
    No Religion 717 30.8
    Buddhism 22 0.9
    Other Religious Groups 13 0.6
    Islam 6 0.3
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 101 12.0
    $600-$799 99 11.7
    $800-$999 96 11.4
    $1,000-$1,249 77 9.1
    $1,500-$1,999 105 12.5
    Others 365 43.3
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 697 36.3
    Not in the labour force 670 34.9
    Employed, worked part-time 407 21.2
    Employed, away from work 96 5.0
    Unemployed, looking for work 51 2.7
    Person Characteristics
  • Census Count Percent(%)
    Managers 202 16.8
    Professionals 167 13.9
    Technicians & trades workers 233 19.4
    Community & personal service workers 129 10.7
    Clerical & administrative workers 130 10.8
    Others 341 28.4
    Occupation
    Census Count Percent(%)
    Pre-school 37 6.7
    Infants/Primary 230 41.4
    Secondary 183 32.9
    Technical or Further Educational Institution 54 9.7
    University or other Tertiary Institutions 40 7.2
    Others 12 2.2
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2315 97.5
    Flat, unit or apartment 26 1.1
    House or flat attached to a shop, office 24 1.0
    Caravan, cabin, houseboat 9 0.4
    Semi-detached, row or terrace house, townhouse 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 412 44.3
    Fully owned 386 41.5
    Rented 129 13.9
    Other tenure type 3 0.3
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals