Strathewen VIC Property Investment

Nillumbik · 3099 · Score: 64/100 · Hold

Median House Price
$992K
Rental Yield
2.0%
Vacancy Rate
2.3%
Median Weekly Rent
$391/wk
Median Unit Price
$1.23M
Population
198
Days on Market
32 days
Annual Growth
1.2%
AI Investment Analysis

Strathewen VIC Investment Brief

HOLD2.0% gross yield on a $992,000$1,500,000 (sources disagree, range shown — do NOT quote a single number) median.

THE MARKET

Strathewen has compounded at 4.5%/yr over 5 years. Median sits in the $992,000$1,500,000 (sources disagree, range shown — do NOT quote a single number) band today. Properties are sitting on market for 32 days (roughly balanced conditions).

  • Median house: $992,000$1,500,000 (sources disagree, range shown — do NOT quote a single number) | Units: $1,225,043
  • Gross yield: 2.0% | Net yield: 0.6%
  • 5yr price CAGR: 4.5%/yr | 3yr forecast: 13.5%/yr
  • Population: 198 | Owner-occupier rate: 88% | Affluence: Very High
  • Supply pipeline: Low — Price growth outpacing new supply, limited development pipeline

RENTAL SNAPSHOT

  • Vacancy: 2.3% (improving) | Rental demand: High
  • Median weekly rent: $391/wk | Days on market: 32 (stable)
  • Balanced market — vacancy manageable but monitor trend.

SHORT-TERM RENTAL

Insufficient STR data for this suburb. Run a specific address analysis for property-level STR projections.

INFRASTRUCTURE & CATALYSTS

  • No major confirmed infrastructure projects on record.
  • Transport: Standard suburban transport access

BULL CASE

If Strathewen maintains 3%+ annual growth and vacancy stays below 1.6%, median prices could reach $1,140,800 within 3 years with yields compressing slightly as capital values rise.

BEAR CASE

A market correction or interest rate shock could see prices in Strathewen pull back 10-15% from $992,000, with vacancy rising to 4.1% and rental yields softening as tenants gain leverage.

KEY RISKS

  • Bushfire risk: HIGH (planning_overlay) — confirm BAL rating and any bushfire overlay obligations for the property

COMPARABLE MARKETS

  • St Albans (VIC): $731,405 median, 3.5% yield, 12.4% 1yr growth
  • Noble Park (VIC): $825,401 median, 3.5% yield, 6.5% 1yr growth
  • Springvale (VIC): $966,000 median, 3.2% yield, 9.1% 1yr growth

THE PLAY

Strathewen offers balanced fundamentals but does not present an urgent buying signal. The market is in a cooling phase with moderate vacancy risk. Monitor vacancy trends and price movements over the next 6-12 months. Only enter if a property can be acquired at or below median pricing with yields exceeding 4.0%.

  • Entry range: $892,800$1,091,200
  • Minimum gross yield to target: 4.5%
  • Watch signal: vacancy dropping below 2% and days on market holding under 35

This analysis is for informational purposes only and does not constitute financial, legal, or investment advice. Seek professional advice before making investment decisions.

Gentrification Index

Pre-gentrification2.0/10
High SEIFA decile — already upgraded or established affluent area
Moderate capital growth (4.5% CAGR)
Active development pipeline (770 approvals) — supply attracting new residents

Growth Forecast

high confidence
1yr Forecast
4.5%
p.a.
2yr Forecast
4.2%
p.a.
5yr Forecast
3.6%
p.a.

Basis: 5yr CAGR 4.5% + 10yr CAGR 5.8%

Growth drivers
  • +Low rental vacancy (2.3%) — constrained supply
Headwinds
  • High supply pipeline (770 new approvals) — may cap price growth

Suburb Metric Thresholds

5 green4 yellow7 red
Rental Vacancy Rate
2.3 high impact
Days on Market
32 high impact
Weekly Rent (house)
391 medium impact
5yr Price CAGR
4.55 high impact
10yr Price CAGR
5.78 high impact
1yr Price Growth
1.21 medium impact
Population Growth
0.47 high impact
Median Household Income
2162 medium impact
Unemployment Rate
3.7 medium impact
Public Transport Score
0 medium impact
School Zone Quality
7 medium impact
Distance to CBD
39.66 medium impact
SEIFA Advantage/Disadvantage
9 medium impact
Owner Occupier Rate
88.2 medium impact
Gross Rental Yield (%)
2.05 high impact
Net Rental Yield (%)
0.55 high impact

Macro Environment

Macro Indicators

Cash Rate

4.35%

0.25%

Cash rate as at 2026-05-06 · Credit data 2026-04

Suburb Supply & Demand

Suburb Supply Pipeline — New Dwelling Approvals

156

2020

168

2021

220

2022

130

2023

96

2025

New dwelling approvals — higher numbers mean more future supply

Socio-Economic Profile

Source: ABS Census 2021

SEIFA Index · Postcode 3099

Most disadvantagedLeast disadvantaged

Decile 9 of 10 — Low disadvantage

Population

4,993

Education (IEO)

9/10

Econ. Resources (IER)

10/10

10-Year Investment Projection

Modelled on Strathewen VIC data — rent, capital growth, tax, and depreciation over 10 years.

Pre-filled: $391/wk median rent for Strathewen. Capital growth and rent increase are editable assumptions.

Schools

In your catchment

Strathewen Primary School
PrimaryGovernment
7/10
Whittlesea Secondary College
SecondaryGovernment
5.3/10

These are the government-school zones containing this suburb centroid. Specific addresses within the suburb may fall in different catchments — confirm with the school directly.

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Data sourced from ABS, state government property sales, and Airbnb market analytics. For informational purposes only — not financial advice.