Strathdale VIC

Postcode 3550 · Greater Bendigo LGA

Strathdale is a mid-sized suburb in Victoria within the Greater Bendigo local government area (postcode 3550). With a population of 5,756, the suburb has a mature demographic with a median age of 46. Households earn a median income of $79K per year, with an average household size of 2.3 people. The most common occupations are professionals, clerical & administrative, managers. The top ancestries reported are English, Australian, Irish.

The median house price in Strathdale is $620,000, having dipped slightly 2.7% over the past year. Units have a median price of $407,000 (-13.6% YoY). The current median weekly rent is $440. This gives a gross rental yield of approximately 3.7%. The median monthly mortgage repayment is $1,517.

Strathdale is served by 1 school, including 1 combined. The average ICSEA score is 1077, which is above the national average of 1,000. Public transport access includes 25 bus stops. The crime rate in the Greater Bendigo LGA is higher than average at 9,634 incidents per 100,000 population.

From an investment perspective, Strathdale offers a gross rental yield of 3.7%, rated as moderate yield. Property prices are near the state median ($620K/$875K). The price-to-income ratio of 7.8x is considered moderate. House prices have moved -2.7% year-on-year.

INVESTMENT SIGNALS
Rental Yield3.7% Moderate Yield
Price vs State$620K/$875K Near Median
Affordability7.8x Moderate
Price Momentum-2.7% Falling
SEIFA INDEX (ABS)
Advantage6/10
Education8/10
Economic4/10
Disadvantage6/10
MEDIAN HOUSE
$620K
-2.7% YoY
MEDIAN UNIT
$407K
-13.6% YoY
MEDIAN RENT /WK
$300
POPULATION
5,756
DEMOGRAPHICS
Median Age46
Household Size2.3
HH Income /wk$1,527
Personal Income /wk$791
Mortgage /mth$1,517
CRIME (Greater Bendigo LGA)
Crime Rate (per 100k)9,634
Total Incidents12,282
TRANSPORT
Bus Stops25
SCHOOLS (1)
Avg ICSEA1077
Total Students900
Independent1
Victory Christian CollegeCombined · Independent · ICSEA 1077
Data: 2024