Market snapshot

Suburb insights for Strathmore3041

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Strathmore is 10 km north-west of the CBD and is largely a residential neighbourhood. In the north the Tullamarine Freeway forms a hard edge. The Craigieburn rail line curves its way through the neighbourhood’s east accessible via Strathmore Railway Station. The Napier Street neighbourhood centre provides a diversity of local retailing and services in a charming strip shopping environment. Strathmore enjoys abundant parkland and sport and recreation opportunities including the Max Johnston Reserve on Loeman Street Alf Pearce Park and off-lead dog park Napier Reserve and its established eucalypts and the sporting fields of Cross Keys Reserve.

Recent sales and auction results in Strathmore

AddressBedroomsPriceTypeMethodSale DateAgentListing
1 Bournian Av, Strathmore5PriceHouse (Res)Auction Sale17/12/2024Frank Dowling EssendonView
1/40 Glenbervie Rd, Strathmore4PriceTownhouse (Res)Private Sale10/12/2024Nelson AlexanderView

Sales data

Median sale price
$1.8mil
Quarterly price change
6.1%
Metro Melbourne Comparison
$916k
0.1%
BedroomsStrathmoreMetro comparison
2-$902,000
3$1,275,000$807,500
4$1,793,750$950,000
InsightStrathmoreMetro comparison
Clearance rate63.6%73.3%
Days on market6842

Rental data

Median weekly rent
$740
Rental yield
2.3%
Metro Melbourne Comparison
$575
3.3%
BedroomsStrathmoreMetro comparison
2-$560
3$650$550
4$800$595
Median data for the current quarter
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