Strathmore Heights is a small community in Victoria within the Moonee Valley local government area (postcode 3041). With a population of 1,047, the suburb has an established demographic with a median age of 42. Households earn a median income of $103K per year, with an average household size of 2.8 people. The most common occupations are professionals, clerical & administrative, managers. The top ancestries reported are Australian, English, Italian.
The median house price in Strathmore Heights is $973,000, having declined 7.9% over the past year. The current median weekly rent is $500. This gives a gross rental yield of approximately 2.7%. The median monthly mortgage repayment is $2,167.
Public transport access includes 8 bus stops. The crime rate in the Moonee Valley LGA is moderate at 7,876 incidents per 100,000 population.
From an investment perspective, Strathmore Heights offers a gross rental yield of 2.7%, rated as low yield. Property prices are near the state median ($973K/$875K). The price-to-income ratio of 9.5x is considered moderate. House prices have moved -7.9% year-on-year.
Strathmore Heights is a small community in Victoria within the Moonee Valley local government area (postcode 3041). With a population of 1,047, the suburb has an established demographic with a median age of 42. Households earn a median income of $103K per year, with an average household size of 2.8 people. The most common occupations are professionals, clerical & administrative, managers. The top ancestries reported are Australian, English, Italian.
The median house price in Strathmore Heights is $973,000, having declined 7.9% over the past year. The current median weekly rent is $500. This gives a gross rental yield of approximately 2.7%. The median monthly mortgage repayment is $2,167.
Public transport access includes 8 bus stops. The crime rate in the Moonee Valley LGA is moderate at 7,876 incidents per 100,000 population.
From an investment perspective, Strathmore Heights offers a gross rental yield of 2.7%, rated as low yield. Property prices are near the state median ($973K/$875K). The price-to-income ratio of 9.5x is considered moderate. House prices have moved -7.9% year-on-year.