Over the last year, property investments in Strathmore, 3041 have given investors a capital gain of -8.76%. This compares badly with the -1.79% for VIC as a whole.
If we look at median property appreciation over just the last three months, Strathmore has given property investors a paper return of 1.63%. This puts Suburb as 163 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 -6.03% below the asking price at the moment.
Advertised rents are around the $510 mark per week – giving a return of 2.12% based on the median price in Suburb
Property investors who have had real estate in Strathmore, 3041 should be unhappy with this VIC suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -11.15%
Taking the average capital gain, or increase in median house value, Strathmore,3041 has racked up an average of -11.15% over the period. This ranks it number 639th in the whole country for real estate investors looking at median house price increases.