Free full calculator โ†’
Suburb Insights ยท VIC 3041

Strathmore Heights 3041, Victoria

ABS 2021 Census ยท Updated 31 March 2026

Suburb Overview

Strathmore Heights is a well-established middle-ring suburb of Melbourne, Australia, with a population of approximately 1,047, making it a boutique locality. Located approximately 13 km from the Melbourne CBD, Strathmore Heights is a middle ring area in Victoria. The median household income is $102,700 AUD per year (ABS 2021 Census).

Investment Score

67 / 100 Good

Strong household incomes in Strathmore Heights underpin solid property demand. Its proximity to the CBD adds a strong location premium.

Location

Map shows Strathmore Heights, Victoria, Australia.

Key Indicators

Postcode
3041

Official Australia Post postcode for Strathmore Heights. A postcode may cover multiple suburbs.

Australia Post Postcode Finder โ†’
Population
1,047

Usual resident population at census night. Source: ABS 2021 Census of Population and Housing.

ABS Census Data โ†’
Median Rent (weekly)
$448/wk

Weekly median rent for occupied private dwellings. Source: ABS 2021 Census. Live rental data integration coming soon.

State Rental Authority โ†’
Median Household Income
$102,700/yr

Annual median household income (before tax) for all households. Source: ABS 2021 Census.

ABS Census Data โ†’
Distance to CBD
13 km

Straight-line distance from the suburb centroid (ABS 2021 SAL geography) to the nearest capital city CBD. Actual driving distance will be longer.

Lifestyle & Amenities

Schools nearby
1

Estimated 1 school within or near this suburb based on ABS 2021 data.

Find schools near Strathmore Heights on My School โ†’
Parks & green spaces
1

Estimated 1 park and green spaces near this suburb. Source: ABS 2021 data.

Median Mortgage (monthly)
$2,167/mo

Monthly median mortgage repayment for households currently paying off a mortgage. Source: ABS 2021 Census.

ABS Census Data โ†’
Dwelling Type
78% houses

Proportion of separate houses vs units, townhouses, and other dwelling types. Source: ABS 2021 Census. Relevant for investors assessing rental demand mix.

ABS Census Data โ†’

Investment Insight

Strathmore Heights's middle-ring location balances affordability with accessibility. These suburbs often benefit from established infrastructure, good schools, and transport links โ€” making them attractive to families and long-term tenants. The median rent of $448/week (ABS 2021) indicates a mid-range rental market. Owner-occupiers face a median mortgage repayment of $2,167/month. A median household income of $102,700/year supports premium property values and indicates a well-employed resident base. 78% of dwellings are separate houses, indicating a predominantly family-oriented, land-rich market.

Investment Strategy

โœ…
Buy & Hold

Strathmore Heights's established location and strong demographics make it well-suited to a long-term buy-and-hold strategy.

โš ๏ธ
Rental Yield

Rental yields in Strathmore Heights are moderate โ€” screen for properties that offer above-average returns.

โŒ
Renovation / Flip

The resale market in Strathmore Heights may not support quick-turnaround renovation projects.

Risk Factors

Run the numbers on a Strathmore Heights property

Full Property Analysis

30-year projections for Strathmore Heights

Scenario comparison, cash flow analysis, tax modelling, and PDF export โ€” all in one place.

Create free account โ†’
Or jump straight to a calculator: Loan Serviceability First Home Buyer Grants

2026 Outlook

Growth: Strong Rental Demand: Moderate Investor Sentiment: Moderate

Strathmore Heights enters 2026 with positive growth momentum, supported by strong local demographics and sustained demand. The rental market in Strathmore Heights should see steady occupancy, with moderate upward pressure on rents. Strathmore Heights offers measured appeal for investors willing to look beyond headline metrics.

Frequently Asked Questions

Is Strathmore Heights a good suburb for investment?

Strathmore Heights is a middle ring area in Victoria with a population of 1,047. The median rent is $448/week and the median household income is $102,700/year (ABS 2021 Census). As with any property investment, conduct thorough due diligence on current listings, vacancy rates, and local infrastructure plans before committing.

What drives property demand in Strathmore Heights?

Key demand drivers in Strathmore Heights include established amenities and transport access. 78% of dwellings are separate houses. The area has approximately 1 schools and 1 parks nearby.

What is the population of Strathmore Heights?

According to the ABS 2021 Census, Strathmore Heights has a population of approximately 1,047. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.

How far is Strathmore Heights from the Melbourne CBD?

Strathmore Heights is approximately 13 km straight-line distance from the Melbourne CBD (calculated from ABS 2021 suburb centroid coordinates). This is within comfortable commuting range with good transport links.

Explore Nearby Suburbs

Victoria Property Resources