Real Estate Appraisal Strathmore VIC 3041
How much is my home worth in Strathmore?
The median price for a house in Strathmore is $1,602,000 as of March 10, 2023. A median-priced unit is $640,000.
There have been 108 houses and 28 units sold in the last year. The average annual capital growth for houses is 5.62% and for units is 2.81%.
The 12-month capital growth is 0.2% on houses and -22.9% on units.
In the previous month, Strathmore had 25 rental units and 40 for sale. For homes, the median price during the past year ranges from $1,602,500 to $640,000. If you're searching for an investment property, Strathmore homes rent for $610 per week with a 2.2% annual rental return and apartments rent for $415 per week with a 3.8% annual rental yield. Strathmore has seen a compound growth rate for homes of 0.2% and a compound growth rate for units of -22.9% based on five years of sales. It takes on average 57 days to sell a house and 64 days to sell a unit in Strathmore.
House prices and rent returns in Strathmore.
- 2 bedroom home N/A, Rent per week $440
- 3 bedroom home $1,541,000, Rent per week $580
- 4 bedroom home $2,100,000, Rent per week $800
Unit prices and rent returns in Strathmore.
- 1 bedroom unit N/A, Rent per week $350
- 2 bedroom unit $580,000, Rent per week $400
- 3 bedroom unit N/A, Rent per week $550
The Strathmore gross rental yield for houses is 2.2% and for units, it is 3.8%.
Free Real Estate Appraisal Strathmore
Selling your house in Strathmore? Do you want to know the current market price of your house or unit? Our appraisers will deliver an accurate appraisal based on recent sales data together with the location of amenities, schools and shops. Our agents will provide this valuation free of charge.
Free Rental Appraisal Strathmore
Do you have an investment property you wish to rent? Or, do you want to rent out your current home? Our property management team currently manages over 34,000 properties in Australia. Our focus is to maintain and care for your property so you can realise the maximum return on your investment. We use the latest software tools to organise our services and we provide full digital tax accounting files. We work closely with the landlord and report regularly on their property. We have a large database of potential tenants that we screen for security reasons.
Property Valuation Strathmore
The majority of people believe a property appraisal and a property valuation are the same. In part, this is true. However, if you need a valuation for legal purposes, you need to engage the services of a licenced property valuer. A valuation from a certified property valuer will cost you money. Or, if you just want to know how much your home is worth, then any registered real estate agent can give you a good understanding of what price you could get for your property, both for sales and rent.
If you want to know the value of your Strathmore home, request an appraisal today to speak to one of our experienced Property Consultants or Property Managers.
How do we appraise a property in Strathmore?
- Recent property sales history in the Strathmore district
- Location and the proximity to amenities
- Accessibility of schools and shops
- Comparison of market values
- Condition and size of the property
Want to know what your Strathmore home is worth?
Recently Sold Properties in Strathmore
Lifestyle in Strathmore
Strathmore is a suburb located in the north-western part of Melbourne, Victoria, Australia. The lifestyle in Strathmore is generally relaxed, family-friendly, and focused on community engagement. Here are some characteristics of the lifestyle in Strathmore:
- Family-friendly: Strathmore is a popular choice for families due to its peaceful and safe surroundings. The suburb has several parks and playgrounds, making it an ideal place for children to play and explore.
- Community spirit: Strathmore has an active community, with several local groups and clubs for residents to join. The Strathmore Community Centre hosts a range of activities and events, including fitness classes, playgroups, and community gatherings.
- Convenience: Strathmore is located close to major transport links such as the Tullamarine Freeway and the Melbourne Airport, making it easy to travel to other parts of Melbourne or interstate. The nearby Essendon Fields Shopping Centre and Northland Shopping Centre provide residents with access to a wide range of shopping and dining options.
- Outdoor activities: Strathmore is located close to several parks and recreational areas, including the Moonee Ponds Creek Trail, which is a popular walking and cycling route. The suburb also has several parks and open spaces, including Boeing Reserve and Lebanon Reserve.
- Quiet and peaceful: Strathmore is a relatively quiet suburb with low levels of traffic and noise. This makes it an ideal place for those who prefer a peaceful and relaxed lifestyle.
Overall, the lifestyle in Strathmore is one of suburban tranquillity, with a focus on family, community, and outdoor activities. The suburb offers a good balance of convenience and relaxation, making it an attractive place to live for families and professionals alike. Neighbouring suburbs include Pascoe Vale, Niddrie and Essendon.
Schools in Strathmore
There are 5 schools in Strathmore.
- Strathmore Primary School
- Strathmore North Primary School
- Strathmore Secondary College
- St Vincent de Paul's School
- SEDA College (Victoria) - AFL Victoria & Cricket Australia Sports Development Program - Strathmore
Strathmore Real Estate Agent Contact Details
Office: Essendon
Phone: 03 9373 0000