Strathtulloh is a smaller suburb in Victoria within the Melton local government area (postcode 3338). With a population of 3,997, the suburb has a young professional demographic with a median age of 29. Households earn a median income of $114K per year, with an average household size of 3.2 people. The most common occupations are professionals, technicians & trades, machinery operators & drivers. The top ancestries reported are Australian, Indian, English.
The median house price in Strathtulloh is $629,000, having dipped slightly 1.4% over the past year. The current median weekly rent is $470. This gives a gross rental yield of approximately 3.9%. The median monthly mortgage repayment is $1,950.
Strathtulloh is served by 1 school, including 1 primary. The average ICSEA score is 1024, which is around the national average of 1,000. Public transport access includes 3 rail stations, 6 bus stops. The crime rate in the Melton LGA is moderate at 7,219 incidents per 100,000 population.
From an investment perspective, Strathtulloh offers a gross rental yield of 3.9%, rated as moderate yield. Property prices are near the state median ($629K/$875K). The price-to-income ratio of 5.5x is considered affordable. House prices have moved -1.4% year-on-year.
Strathtulloh is a smaller suburb in Victoria within the Melton local government area (postcode 3338). With a population of 3,997, the suburb has a young professional demographic with a median age of 29. Households earn a median income of $114K per year, with an average household size of 3.2 people. The most common occupations are professionals, technicians & trades, machinery operators & drivers. The top ancestries reported are Australian, Indian, English.
The median house price in Strathtulloh is $629,000, having dipped slightly 1.4% over the past year. The current median weekly rent is $470. This gives a gross rental yield of approximately 3.9%. The median monthly mortgage repayment is $1,950.
Strathtulloh is served by 1 school, including 1 primary. The average ICSEA score is 1024, which is around the national average of 1,000. Public transport access includes 3 rail stations, 6 bus stops. The crime rate in the Melton LGA is moderate at 7,219 incidents per 100,000 population.
From an investment perspective, Strathtulloh offers a gross rental yield of 3.9%, rated as moderate yield. Property prices are near the state median ($629K/$875K). The price-to-income ratio of 5.5x is considered affordable. House prices have moved -1.4% year-on-year.