2/25 Wallace Crescent

Strathmore VIC 3041

The size of Strathmore is approximately 3.5 square kilometres. It has 21 parks covering nearly 11.1% of total area. The population of Strathmore in 2011 was 8,110 people. By 2016 the population was 8,407 showing a population growth of 3.7% in the area during that time. The predominant age group in Strathmore is 40-49 years. Households in Strathmore are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Strathmore work in a professional occupation. In 2011, 82.1% of the homes in Strathmore were owner-occupied compared with 81.7% in 2016.

Strathmore has 4,031 properties. Over the last 5 years, Houses in Strathmore have seen a 22.84% increase in median value, while Units have seen a 11.85% increase. As at 31 October 2024:

• The median value for Houses in Strathmore is $1,572,723 while the median value for Units is $721,446.
• Houses have a median rent of $750 while Units have a median rent of $563.