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7 Cranwell Avenue,
Strathmore VIC 3041

This property is Off Market

All about Strathmore Homes for sale in Strathmore

  • The Average property price in this area is $1,815,338, this is based on recent transactions.
  • Internet speed Download 100 Mbps / Upload 40 Mbps
  • Distance to the coast 7.85 km
  • Potential bushfire risk 0 / 10
  • Report as to subsidence
  • Potential Land Contamination risk
  • Powerlines within 200m 0
street view icon Street view
School Catchments

Property For Sale Nearby

Woodards 24 HOLYROOD AV, $1,300,000-$1,400,000 4 Beds - 2 Baths - 2 Parking Within 0.1 km Woodards UNIT 4, 45 BALMORAL AV, $2,175,000 - $2,250,000 4 Beds - 2 Baths - 4 Parking Within 0.3 km Nelson Alexander 9 DUBLIN AV, Auction $1,400,000 - $1,500,000 2 Beds - 1 Baths - 2 Parking Within 0.4 km Woodards 1 DUBLIN AV, Contact agent for details 4 Beds - 3 Baths - 4 Parking Within 0.4 km Woodards UNIT 105, 80 BULLA RD, $570,000 - $620,000 2 Beds - 2 Baths - 1 Parking Within 0.4 km Woodards UNIT 107, 80 BULLA RD, $700,000 2 Beds - 2 Baths - 1 Parking Within 0.4 km Woodards UNIT 104, 80 BULLA RD, Contact agent for details 2 Beds - 2 Baths - 1 Parking Within 0.4 km Woodards UNIT 116, 82 BULLA RD, $330,000-$360,000 1 Beds - 1 Baths - 1 Parking Within 0.5 km Woodards UNIT 17, 82 BULLA RD, AUCTION - $360,000 - $390,000 1 Beds - 1 Baths - 1 Parking Within 0.5 km Woodards UNIT 3, 2 MAGDALA AV, $975,000-$1,050,000 3 Beds - 2 Baths - 2 Parking Within 0.5 km Woodards 54 KERNAN ST, $1,550,000 - $1,630,000 4 Beds - 2 Baths - 3 Parking Within 0.5 km Woodards 5 MARKS ST, Contact agent for details 4 Beds - 2 Baths - 2 Parking Within 0.7 km Woodards 32 KERNAN ST, EOI Closing 18 Nov 5pm $4,250,000 - $4,500,000 5 Beds - 2 Baths - 4 Parking Within 0.7 km Woodards 3 NOBLE AV, Contact agent for details 5 Beds - 3 Baths - 2 Parking Within 0.8 km Woodards 7A HAYES RD, EOI - $1,350,000-$1,450,000 3 Beds - 2 Baths - 3 Parking Within 0.8 km Nelson Alexander 238 NAPIER ST, Auction $1,450,000 - $1,550,000 2 Beds - 1 Baths - 2 Parking Within 1.0 km Woodards 17 MADEL AV, $1,650,000 - $1,750,000 4 Beds - 3 Baths - 2 Parking Within 1.1 km Woodards 18 LOCH CR, Contact agent for details 3 Beds - 2 Baths - 2 Parking Within 1.2 km Belle Property 1A LOCH CR, $700,000 - $750,000 2 Beds - 2 Baths - 1 Parking Within 1.2 km Woodards 22 ESMALE ST, $1,190,000 - $1,290,000 Beds - Baths - Parking Within 1.4 km Woodards 449 PASCOE VALE RD, Contact agent for details 3 Beds - 1 Baths - 2 Parking Within 1.4 km Woodards 1 DOWNES ST, $2,450,000 - $2,525,000 4 Beds - 2 Baths - 2 Parking Within 1.5 km Woodards 42 HILLSYDE PDE, $1,900,000-$2,090,000 5 Beds - 4 Baths - 2 Parking Within 1.5 km Woodards 29 WILLONGA ST, Contact agent for details 3 Beds - 1 Baths - 2 Parking Within 1.5 km Woodards 1 LEBANON ST, $1,075,000-$1,150,000 3 Beds - 2 Baths - 3 Parking Within 1.6 km Woodards UNIT 1, 40 WOODLAND ST, $800,000-$850,000 2 Beds - 1 Baths - 2 Parking Within 1.9 km

Recently Sold Properties in this Area

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About Strathmore

With an average age of 44, households expect an average monthly mortgage payment of $2,500 or a weekly rent payment of $401. The average family earns a weekly income of $2,789 with a typical household size of 2.6 and a 94.01% employment rate.

Consistent high demand relative to supply is a key feature in Strathmore driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. High average incomes in Strathmore ensure a focus on quality with a commensurate high entry price under constant demand. Competition for available quality housing is intense with multiple offers likely to be made in excess of asking prices. A mix of professions and above average income earners in Strathmore provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Medium density in Strathmore necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. Lower than average industry presence in Strathmore we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Strathmore a better buying opportunity than it may have been in the past.

Public Transport

General Points of Interest

Population

(Country of Birth not stated 3%)

Are people healthy?

There are a recorded 1086 asthma sufferers and 462 people living with diabetes. In addition, 510 people have a heart/vascular condition and 688 people live with three or more chronic diseases.

A good place to invest in property?

Strathmore a good, bad, or just average location in which to invest in property? Should you be buying, or selling, property right now? Our Investability scores provide comparative insights into the investment potential for every suburb across Australia.

Investability - Housing Demand

Victoria State average 44 / 100

Income

76 / 100

52 / 100

Industry

16 / 100

17 / 100

Population

35 / 100

32 / 100

House Prices

85 / 100

70 / 100

Jobs

36 / 100

34 / 100

Disclaimer

Local Crime Rates

Incidents Trend State Average

Local Schools

  • School Catchments
    Strathmore Secondary College Essendon North Primary School

  • Strathmore Primary School

    Strathmore, VIC, 3041 State Prep-6

Property Story

7 Cranwell Avenue, Strathmore, Vic, 3041 is a residential property with 3 bedrooms, 2 bathrooms and 2 Parking spaces. The estimated value of this home is $2,100,000 while properties of this type typically sell for between $825,000 and $2,200,000 in this suburb. The estimated distance to the sea is 7.85km and at least 2.83KM to vegatation considered to be a factor in bushfire risk.

Local Developments

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  • 134 Acme Avenue Street, Town, State

    Description - Details the application. Type and other information pertaining to the development application and more...

    Authority Reference: UX0909823-GOV Website

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The Residz risks assessments are composed from data attributes which are generally accepted to indicate higher or lower risk presence likelihood for that condition for any address or locality. They do not however determine the exact presence of that risk for any specific property. The Residz Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice. While Residz uses commercially reasonable efforts to ensure the Residz Data is current, Residz does not warrant the accuracy, currency or completeness of the Residz Data and to the full extent permitted by law excludes liability for any loss or damage howsoever arising (including through negligence) in connection with the Residz Data. Historical prices and trends are not a guarantee of future prices and trends.

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