Suburb Profile Report for Strathmerton VIC (3641)

Strathmerton House: Median price $187,500, Annual capital growth 7.54%, Number of sales 11, Weekly median advertised rent $260

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

Giving property investors a a solid capital gain of 34.17% for the last year, Strathmerton, 3641 is the 70th highest performer in Australia in this respect.

Taking the average capital gain, or increase in median house value, Strathmerton,3641 has racked up an average of 34.17% over the period. This ranks it number 3524th in the whole country for real estate investors looking at median house price increases.

When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Strathmerton, 3641. Typically our figures indicate that -9.09% is being offered, which puts this VIC suburb at 966th most discounted overall in Australia.

Strathmerton, 3641’s gross rental yield is 7.21%

Metrics i HOUSE UNIT
$187,500 N/A
2.04% N/A
34.17% N/A
7.54% N/A
$260 N/A
11 N/A
7.21% N/A
353 N/A

Source: CoreLogic

Disclaimer: The data presented here is the latest available data at the time of upload but we note that our providers routinely update data and we are currently working on a solution to include these retrospective updates.

DSR Score for property investment : Balanced (H), Balanced (U)
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Demographics
Total population 942
Median household income ($/weekly) 948
Median age of persons 38
Median housing loan repayment ($/monthly) 1064
Average household size 2.6
  • Census Count Percent(%)
    5-14 years 174 18.5
    25-34 years 107 11.4
    35-44 years 133 14.1
    45-54 years 149 15.8
    55-64 years 134 14.2
    Others 244 25.9
    Age Group
    Census Count Percent(%)
    Registered Married 346 53.3
    Not Married 224 34.5
    Defacto Relationship 79 12.2
    Social Marital Status
  • Census Count Percent(%)
    Australia 775 87.3
    New Zealand 12 1.4
    Papua New Guinea 45 5.1
    Philippines 11 1.2
    United Kingdom 18 2.0
    Others 27 3.0
    Country of Birth
    Census Count Percent(%)
    Christianity 595 71.3
    No Religion 226 27.1
    Other Religious Groups 8 1.0
    Buddhism 3 0.4
    Islam 3 0.4
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 45 14.6
    $800-$999 37 12.0
    $1,000-$1,249 41 13.3
    $1,250-$1,499 37 12.0
    $1,500-$1,999 36 11.7
    Others 112 36.4
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 284 42.4
    Not in the labour force 221 33.0
    Employed, worked part-time 115 17.2
    Employed, away from work 32 4.8
    Unemployed, looking for work 18 2.7
    Person Characteristics
  • Census Count Percent(%)
    Managers 121 28.0
    Technicians & trades workers 41 9.5
    Community & personal service workers 32 7.4
    Machinery operators & drivers 38 8.8
    Labourers 104 24.1
    Others 96 22.2
    Occupation
    Census Count Percent(%)
    Pre-school 19 8.2
    Infants/Primary 106 45.5
    Secondary 79 33.9
    Technical or Further Educational Institution 17 7.3
    University or other Tertiary Institutions 6 2.6
    Others 6 2.6
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 871 98.2
    Flat, unit or apartment 11 1.2
    Semi-detached, row or terrace house, townhouse 5 0.6
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 145 42.8
    Fully owned 122 36.0
    Rented 67 19.8
    Other tenure type 5 1.5
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals