With a capital gain of -2.90% for the last 12 months, Strathmore, 3041 has performed for property investments than its average annual 5.43% property growth over the last 5 years.
If we look at median property appreciation over just the last three months, Strathmore has given property investors a paper return of 1.57%. This puts Suburb as 331 on a list of fastest fasting appreciating suburbs in VIC
Our latest figures would indicate that property sellers in Strathmore are currently offering property investors an average price cut of -4.52% below the asking price at the moment.
Residents and property investors in Strathmore have been waiting around 65.6304 days to sell a property.
Property investors who have had real estate in Strathmore, 3041 should be pleased with this VIC suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 20.13%
Comparing Strathmore,3041 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
With the median price for a house in Strathmore being $802500 and the advertised rent reaching $448 the gross rental yield for property investors calculates out to be 2.90%