Suburb Profile Report for Stratford VIC (3862)

Stratford House: Median price $275,000, Annual capital growth 4.02%, Number of sales 21, Weekly median advertised rent $250

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

Source: CoreLogic

  • House Report

Stratford has had a quite poor year for property investment returns compared to the rest of VIC, giving investors a capital gain of 3.77% to date .

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.

Stratford, 3862 is offering VIC ‘s 105th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 20% of discounts offered by this VIC.

Situated 187.55km from the CBD, Stratford is one of Wellington localities in the postcode 3862.

Metrics i HOUSE UNIT
$275,000 N/A
3.77% N/A
3.77% N/A
4.02% N/A
$250 N/A
21 N/A
4.73% N/A
120.94 N/A

Source: CoreLogic

DSR Score for property investment : Above average (H), Balanced (U)
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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
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