Suburb Profile Report for Strathmore Heights VIC (3041)

Strathmore Heights House: Median price $871,000, Annual capital growth 12.08%, Number of sales 12, Weekly median advertised rent N/A

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

Strathmore Heights has had a quite poor year for property investment returns compared to the rest of VIC, giving investors a capital gain of 1.73% to date .

Taking the average capital gain, or increase in median house value, Strathmore Heights,3041 has racked up an average of 1.73% over the period. This ranks it number 873th in the whole country for real estate investors looking at median house price increases.

Using the current median advertised rental of $460 and the average annual increase in value of a median property of 7.92%, investors should hope to achieve an overall return of 2.72%

Metrics i HOUSE UNIT
$871,000 N/A
-1.02% N/A
-1.02% N/A
12.08% N/A
N/A N/A
12 N/A
N/A N/A
N/A N/A

Source: CoreLogic

Disclaimer: The data presented here is the latest available data at the time of upload each month. Please note that data is routinely updated by our partners, so may change month to month.

DSR Score for property investment : Above average (H), Good (U)
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Demographics
Total population 934
Median household income ($/weekly) 1575
Median age of persons 40
Median housing loan repayment ($/monthly) 1800
Average household size 2.7
  • Census Count Percent(%)
    5-14 years 135 14.5
    25-34 years 101 10.8
    35-44 years 161 17.2
    55-64 years 150 16.1
    65-74 years 102 10.9
    Others 285 30.5
    Age Group
    Census Count Percent(%)
    Registered Married 400 56.6
    Not Married 244 34.5
    Defacto Relationship 63 8.9
    Social Marital Status
  • Census Count Percent(%)
    Australia 722 79.0
    Japan 28 3.1
    Papua New Guinea 20 2.2
    United Kingdom 24 2.6
    Other 28 3.1
    Others 92 10.1
    Country of Birth
    Census Count Percent(%)
    Christianity 674 76.0
    No Religion 162 18.3
    Islam 33 3.7
    Buddhism 18 2.0
    Hinduism 0 0.0
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 27 9.1
    $1,000-$1,249 30 10.1
    $1,500-$1,999 50 16.9
    $2,000-$2,499 27 9.1
    $2,500-$2,999 39 13.2
    Others 123 41.6
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 290 40.1
    Not in the labour force 227 31.4
    Employed, worked part-time 140 19.3
    Employed, away from work 45 6.2
    Unemployed, looking for work 22 3.0
    Person Characteristics
  • Census Count Percent(%)
    Managers 65 13.7
    Professionals 108 22.7
    Technicians & trades workers 65 13.7
    Clerical & administrative workers 92 19.3
    Sales 50 10.5
    Others 96 20.2
    Occupation
    Census Count Percent(%)
    Pre-school 20 10.2
    Infants/Primary 87 44.4
    Secondary 49 25.0
    Technical or Further Educational Institution 12 6.1
    University or other Tertiary Institutions 24 12.2
    Others 4 2.0
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 827 91.6
    Semi-detached, row or terrace house, townhouse 39 4.3
    Flat, unit or apartment 37 4.1
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 164 50.2
    Being purchased 121 37.0
    Rented 39 11.9
    Other tenure type 3 0.9
    Tenure Type
Census 2011, ABS
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