At number 171th in the list of Australian suburbs ordered by increase in median house value over the last year, Stratford, 3862 is in the top 10% with a property value increase of 18.63% recorded in median house prices.
Stratford,3862 has offered an average of 18.63% return per annum in house price rises to property investors over the last three years.
State is the 5th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.90% offered to property buyers. Sellers in Stratford itself are offering an average vendor discount of -3.95% to real estate investors.
The VIC suburb of Stratford, 3862 is in the Wellington (S) local government area.
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Stratford, VIC – Culture abounds in Gippsland suburb
Median house price: $273,750
Three-year growth: 2.3%
Rental yield: 14.8%
Located along the Avon River in the mesmerising Gippsland region of Victoria, Stratford has everything that a peaceful town has to offer without being too far removed.
In addition to a local supermarket, the surrounding suburbs of Sale and Maffra provide further shopping and amenities.
Access to a major motorway allows residents to be connected to work opportunities and enjoy the restaurants, cafes and outdoors attractions of the greater region. A local train station provides transport to Melbourne CBD. The annual Shakespeare on the River Festival speaks for the suburb’s arts and cultural streak. There are many riverfront parks and recreation reserves, with further activities on offer in the region, such as horse riding.