Suburb Profile Report for Stratford VIC (3862)

Stratford House: Median price $267,500, Annual capital growth 5.04%, Number of sales 32, Weekly median advertised rent $273

  • 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 2.69%. This compares badly with the 7.68% for VIC as a whole.

The five-year average increase in median property values for Stratford,3862 has given property investors a potential capital gain of 4.90% across each of those five years.

Our latest figures would indicate that property sellers in Stratford are currently offering property investors an average price cut of -5.72% below the asking price at the moment.

On average over the past year, suburb has had 2.67 sales per month, which equates to 32 per year.

With the median price for a house in Stratford being $267500 and the advertised rent reaching $272.5 the gross rental yield for property investors calculates out to be 5.30%

HOUSE UNIT
$267,500 N/A
7.00% N/A
2.69% N/A
5.04% N/A
$273 N/A
32 N/A
5.30% N/A
123.45 N/A

Source: CoreLogic

DSR Score for property investment : Above average (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