Strathmerton is a small community in Victoria within the Moira local government area (postcode 3641). With a population of 1,072, the suburb has an established demographic with a median age of 38. Households earn a median income of $73K per year, with an average household size of 2.7 people. The most common occupations are labourers, managers, technicians & trades. The top ancestries reported are English, Australian, Irish.
The median house price in Strathmerton is $330,000, having risen modestly 1.5% over the past year. The current median weekly rent is $423. This gives a gross rental yield of approximately 6.7%. The median monthly mortgage repayment is $1,127.
Strathmerton is served by 1 school, including 1 primary. The average ICSEA score is 954, which is around the national average of 1,000. Public transport access includes 2 bus stops. The crime rate in the Moira LGA is higher than average at 8,887 incidents per 100,000 population.
From an investment perspective, Strathmerton offers a gross rental yield of 6.7%, rated as high yield. Property prices sit below the state median ($330K/$875K), suggesting a potential value opportunity. The price-to-income ratio of 4.5x is considered affordable. House prices have moved +1.5% year-on-year.
Strathmerton is a small community in Victoria within the Moira local government area (postcode 3641). With a population of 1,072, the suburb has an established demographic with a median age of 38. Households earn a median income of $73K per year, with an average household size of 2.7 people. The most common occupations are labourers, managers, technicians & trades. The top ancestries reported are English, Australian, Irish.
The median house price in Strathmerton is $330,000, having risen modestly 1.5% over the past year. The current median weekly rent is $423. This gives a gross rental yield of approximately 6.7%. The median monthly mortgage repayment is $1,127.
Strathmerton is served by 1 school, including 1 primary. The average ICSEA score is 954, which is around the national average of 1,000. Public transport access includes 2 bus stops. The crime rate in the Moira LGA is higher than average at 8,887 incidents per 100,000 population.
From an investment perspective, Strathmerton offers a gross rental yield of 6.7%, rated as high yield. Property prices sit below the state median ($330K/$875K), suggesting a potential value opportunity. The price-to-income ratio of 4.5x is considered affordable. House prices have moved +1.5% year-on-year.