Strathmore, VIC 3041 is a vibrant suburb with a total population of 8,980 residents. The area has experienced steady population growth over the years. Residents have access to various transport options for their daily commute, with a notable percentage working from home. The suburb has a diverse range of age groups, with a significant number of young adults and middle-aged residents. The educational advantage of students in government schools is high, with an ICSEA percentile of 84.0. The most common occupations include managers, professionals, and clerical/administrative workers. For house properties in Strathmore, the sale price IQR ratio is relatively high, suggesting it could be a good suburb for renovators. The market absorption rate indicates higher demand, potentially leading to an increase in property prices. Investors might find opportunities in the growing population and the steady growth in building approvals. With a room demand-supply ratio favouring landlords, there is potential for good rental returns in the market. Strathmore, VIC 3041 offers a desirable lifestyle with a mix of demographic groups and convenient commuting options. For property investors, the suburb provides opportunities for renovation projects in the housing market and potential capital growth. The rental market also shows promise for investors looking for stable returns in both houses and units. The suburb's high demand for room rentals and favourable market dynamics make it an attractive choice for both homeowners and investors alike. Sources: - proptechdata.com.au - Australian Bureau of Statistics (ABS) Census 2021 - Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022