Investment property in Stratford has done well for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 18.63%
The five-year average increase in median property values for Stratford,3862 has given property investors a potential capital gain of 16.57% across each of those five years.
Our latest figures would indicate that property sellers in Stratford are currently offering property investors an average price cut of -3.99% below the asking price at the moment.
Residents and property investors in Stratford have been waiting around 79.225 days to sell a property.
With the median price for a house in Stratford being $302500 and the advertised rent reaching $320 the gross rental yield for property investors calculates out to be 5.50%
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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.