Strathmore, located within the Moonee Valley area of Victoria, offers a distinctive blend of suburban charm and urban convenience, making it an appealing choice for many homebuyers. The housing market in Strathmore is characterized by well-maintained, traditional family homes and an increasing number of modern townhouses and apartments, as developers seek to capitalize on its desirable location. Over the years, property values have seen a steady increase, driven by the suburb's reputation for good schools, lush parks, and strong community ties. The proximity to Melbourne's central business district, combined with the suburb's tranquil environment, further enhances its appeal, appealing to both families and professionals looking for a balanced lifestyle. In recent times, Strathmore has also seen a surge in interest from investors, given its potential for capital growth and rental demand.
Living in Strathmore offers a blend of suburban tranquillity while being close to the vibrant city life of Melbourne. The suburb boasts a strong sense of community, underscored by local events and activities that forge bonds among residents. With several parks and recreational facilities, such as Napier Park and the Strathmore Community Centre, residents enjoy ample opportunities for outdoor activities and social interaction. High-quality educational institutions, like Strathmore Secondary College, contribute to the suburb's family-friendly reputation, making it a sought-after location for those with children. Strathmore also offers a variety of local cafes, shops, and restaurants contributing to the area's lively yet laid-back vibe. With reliable public transport options, including bus and train services, commuting to the heart of Melbourne is seamless, thus offering residents the best of both worlds. The area's ongoing development, coupled with its inherent community spirit, suggests that Strathmore will continue to thrive as a preferred residential enclave.
| Median Weekly Rent | $435.31 |
| Median Monthly Mortgage | $2526.41 |
| Median Persons Per bed houseroom | 0.84 |
| Average Household Size | 2.79 |
| Average Age | 39.93 |
| Average Income | $1044.38 |
| Average Cars Per Dwelling | 1.87 |
| Average Properties Within 50M | 15 |
| Typical 1 bed house | $725,000 |
| Typical 2 bed house | $1,322,000 |
| Typical 3 bed house | $1,784,000 |
| Typical 4 bed house | $2,284,000 |
| Typical 5 bed house | $2,799,000 |
| Typical 6 bed+ house | $3,755,000 |
Housing Stock
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Thinking about buying in Strathmore? Now could not be a better time, with 4161 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $1,862,000 with prices in this suburb ranging from $132,000 to $11,250,000. Strathmore is located fairly close to the coast at just 7Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.
In Strathmore there has been a history of lower than average prices and demand, offering opportunities for investors or first home owners, especially in the context of the growth in working from home. Low average incomes in Strathmore is reflected in smaller and lower quality accommodation. Over time this may change providsing long-term returns but in the short to medium term, prices are likely to be less than state averages. The slightly lower than average earnings from occupations in Strathmore changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. High density population in Strathmore requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. 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.
Instant Property ValuationStrathmore Primary School
Strathmore North Primary School
Strathmore Secondary College
St Vincent de Paul's School
Pascoe Vale South Primary School
Essendon North Primary School
Oak Park Primary School
St Francis de Sales School
Antonine College
Pascoe Vale Primary School
(While the above schools are located with the suburb of Strathmore there may also be nearby schools whose catchments cover this suburb)Incidents Trend State Average
| (mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
|---|---|---|---|---|---|---|---|
| Jan | 11.6 | 23.5 | 34.2 | 44 | 88 | 3.0 | 23.1 |
| Feb | 7.5 | 22.6 | 33.6 | 45.3 | 89.9 | 2.7 | 22.9 |
| Mar | 4.6 | 22.4 | 33.8 | 42.0 | 88.9 | 2.5 | 22.6 |
| Apr | 1.2 | 20.4 | 32.8 | 38.2 | 82.8 | 3.0 | 21.3 |
| May | 0.3 | 17.0 | 30.3 | 33.9 | 80.5 | 3.2 | 18.7 |
| Jun | 0.1 | 12.9 | 28.7 | 29.8 | 80.4 | 2.7 | 17.2 |
| Jul | 0.2 | 14.3 | 28.4 | 29.6 | 71.8 | 3.3 | 18.4 |
| Aug | 0.0 | 14.8 | 30.9 | 22.9 | 70.0 | 3.0 | 20.3 |
| Sept | 0.1 | 17.2 | 34 | 19.1 | 65.2 | 3.4 | 24.0 |
| Oct | 0.3 | 20.0 | 35.8 | 20.1 | 65.9 | 3.6 | 26.6 |
| Nov | 2.4 | 23.0 | 37.3 | 23.3 | 70.6 | 3.5 | 27.5 |
| Dec | 3.6 | 23.9 | 37.1 | 29.2 | 75.3 | 3.3 | 27.6 |
source: Australian Government Bureau of Meteorology
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