Knight Frank is pleased to offer this substantial residential development opportunity situated some 12 Km north of Melbourne's CBD.
The site offers the following:
The size of Strathmore Heights is approximately 0.7 square kilometres. It has 5 parks covering nearly 37.7% of total area. The population of Strathmore Heights in 2011 was 934 people. By 2016 the population was 1,013 showing a population growth of 8.5% in the area during that time. The predominant age group in Strathmore Heights is 40-49 years. Households in Strathmore Heights are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Strathmore Heights work in a clerical occupation. In 2011, 86.1% of the homes in Strathmore Heights were owner-occupied compared with 82.1% in 2016.
Strathmore Heights has 442 properties. Over the last 5 years, Houses in Strathmore Heights have seen a 18.24% increase in median value, while Units have seen a 10.41% increase. As at 31 January 2025:
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