Property value increases in Strathmore have tracked just lower than the VIC average of 11.73% over the last 12 months.
Taking the average capital gain, or increase in median house value, Strathmore,3041 has racked up an average of 7.14% over the period. This ranks it number 679th in the whole country for real estate investors looking at median house price increases.
Renters in Suburb are facing rents around $6600 per annum or $550 every week.
With a capital gain of 19.85% for the last 12 months, Strathmore, 3041 has performed for property investments than its average annual 6.99% property growth over the last 5 years.
Over the longer term, Strathmore has seen property prices show investors a 4.24% return over the last 3 years. This is an improvement over the last 12 months
In the last year 31 properties changed hands in Strathmore, which puts it as the 250th most active market in VIC when comparing the number of sales per suburb.
Strathmore, 3041’s gross rental yield is 3.22%