If you compare the increase in value of investment property in Stratford, 3862 to the rest of Australia, it performed very well. The median increase in value, or capital gain property investors experienced for this VIC suburb was 25.49%.
A 35.02% growth in median value for property investors in Stratford,3862 puts this suburb at number 7th in terms of best performing suburbs in VIC
LACK OF BUYER INTEREST may well be the reason that Stratford is offering property investors an average of -6.90. This rate of discount on properties puts Suburb at number 539th in terms of most discounted suburbs in VIC
Often selling an investment property can take time, and in Stratford the average time real estate has been on the market is 100.9 days.
With the median price for a house in Stratford being $320000 and the advertised rent reaching $320 the gross rental yield for property investors calculates out to be 5.20%
Information supplied by:
Stratford, VIC – Culture abounds in Gippsland suburb
Median house price: $273,750
Three-year growth: 2.3%
Rental yield: 14.8%
Located along the Avon River in the mesmerising Gippsland region of Victoria, Stratford has everything that a peaceful town has to offer without being too far removed.
In addition to a local supermarket, the surrounding suburbs of Sale and Maffra provide further shopping and amenities.
Access to a major motorway allows residents to be connected to work opportunities and enjoy the restaurants, cafes and outdoors attractions of the greater region. A local train station provides transport to Melbourne CBD. The annual Shakespeare on the River Festival speaks for the suburb’s arts and cultural streak. There are many riverfront parks and recreation reserves, with further activities on offer in the region, such as horse riding.