Strathmore

Strathmore is a growing suburb with a diverse age demographic, with a sizable population aged between 5 to 64 years. The median household income is above average, and there is a good mix of occupations, with professionals and managers being the top occupations. The suburb offers various commuting options, with a significant number of residents working from home. For houses, Strathmore presents a balanced market with a moderate sales price IQR ratio, indicating potential opportunities for both buyers and sellers. The suburb has a steady market absorption rate, suggesting stable demand. Units in Strathmore have a lower vacancy rate and a high market absorption rate, making it an attractive option for investors seeking rental properties. Strathmore is an appealing suburb for both home buyers and property investors. With good educational opportunities and a growing population, the suburb offers a mix of housing options. The convenient commuting options and high percentage of residents working from home add to its lifestyle appeal. Sources: - proptechdata.com.au - Australian Bureau of Statistics (ABS) Census 2021 - Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022