Strathmore Heights' quiet, established streets keep it appealing to family buyers this month. Those attending opens value the settled feel and the proximity to Strathmore's amenities, and they tend to have already committed to the pocket.
In line with the wider area, entry-level houses and smaller units are the quicker movers, while larger and premium homes take longer and need pricing set to recent evidence. Strathmore Heights' family homes sit across that range depending on size, with the mid-level stock the steadier performer.
Owners who present their homes well and price realistically are achieving solid outcomes. In a market that rewards accuracy, the well-presented, realistically priced home is meeting the active buyers.
Median sale price for houses in Strathmore Heights is $1,100,000, up 5.3% from last year.
Properties sold for houses in Strathmore Heights is 20, up 25.0% from last year.
Properties sold for units in Strathmore Heights is 1, down 50.0% from last year.
Auction clearance for houses in Strathmore Heights is 64.7%, up 29.4% from last year.
Auction clearance for units in Strathmore Heights is 100.0%, up 100.0% from last year.
$1,475,000
$1,100,000
$961,500
$956,000
$937,500
$785,000
$780,000
Wondering what homes are actually selling for locally? Browse recently sold properties in the area
Good property management should remove uncertainty, not create more of it.
If you're considering engaging a property manager, one of the first questions you're likely to ask is: how much does property management actually cost?
Owning an investment property and owning a good investment property are not necessarily the same thing. It’s an important distinction, and one that property investors should revisit regularly.
The Reserve Bank's decision to leave the cash rate on hold at 4.35 per cent is welcome news for buyers, sellers and businesses alike. While it's not a silver bullet for Melbourne's property market, it should provide some reassurance that the aggressive phase of the interest rate tightening cycle may be easing.
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