Strathmore
Italian ancestry is the second-largest heritage group in Strathmore at 1,585 residents, nearly matching the English count of 2,317, a cultural imprint that is rare outside inner Melbourne. University attainment at 49.0% sits 18.9 percentage points above the national rate, yet the suburb carries no premium price tag relative to its education profile: median house price of $1,535,000 is below comparable northern suburbs like Essendon. Household income lands in the 92.4th percentile nationally, matching SEIFA decile 9 on both advantage and education indices.
Population
8,980
Median Age
41.0
Household IncomeiMedian weekly household income (ABS Census)
$2,506/wk
DAs (12 months)iDevelopment Applications lodged in the past year
25
Median House
$1.5M
Apr-Jun 2024
At $1,535,000, Strathmore is priced below its SEIFA decile 9 peers in Melbourne's north-west. Detached houses at 76.7% dominate, with 42.0% of homes having 4+ bedrooms and another 43.6% with 3 bedrooms. Mortgage-to-income at 23.8% is comfortable, well below the 30% stress mark, because household income ($2,506/week) sits in the 92nd percentile. Prices rose 85.5% from $827,500 in 2013, but are currently 4.4% below the 2022 peak of $1,605,000. The 20.1% semi-detached share provides a growing townhouse segment for buyers wanting the suburb's school zone without a full house budget.
For Buyers
At $1,535,000, Strathmore is priced below its SEIFA decile 9 peers in Melbourne's north-west. Detached houses at 76.7% dominate, with 42.0% of homes having 4+ bedrooms and another 43.6% with 3 bedrooms. Mortgage-to-income at 23.8% is comfortable, well below the 30% stress mark, because household income ($2,506/week) sits in the 92nd percentile. Prices rose 85.5% from $827,500 in 2013, but are currently 4.4% below the 2022 peak of $1,605,000. The 20.1% semi-detached share provides a growing townhouse segment for buyers wanting the suburb's school zone without a full house budget.
For Investors
Only 17.2% of dwellings are rented, one of the lowest rental shares in the northern corridor. Weekly rent of $450 on a $1.535M asset delivers a gross yield below 1.6%. Vacancy at 6.9% runs above the metro norm, further squeezing returns. However, 21 development applications in 12 months, including subdivisions and dwelling construction, point to infill activity. Rent grew 28.6% over the decade, below the Melbourne-wide rate. Internal migration is nearly neutral (-7/year) with overseas inflow of +93/year driving slow but steady population growth. This suburb rewards patient capital gains over rental income.
Development Activity
Total DAs
37
Last 12 Months
25
YoY ChangeiYear-over-year change in DA lodgements
+525.0%
Avg DA CostiAverage estimated cost per DA in the past year
N/A
Monthly DA Lodgements
DA Categories
Schools in Strathmore iICSEA: school advantage index. 1000 = national avg, higher = more advantaged
St Vincent de Paul's School
Prep-6 · 431 students
Strathmore North Primary School
Prep-6 · 632 students
Strathmore Primary School
Prep-6 · 304 students
Strathmore Secondary College
7-12 · 1958 students
Demographics
Median age of 41 is 1 year above the national figure, with the senior share rising 2.5 percentage points over the decade. The Italian heritage (1,585 residents) makes Strathmore distinctive among northern suburbs, with Italian (169 speakers) and Greek (109) the top non-English languages. University attainment at 49.0% is 18.9 points above the national rate, reflecting a professional demographic. Only 19.8% were born overseas, which is 1.8 points below the national average, making it less diverse than many Melbourne suburbs. Household size at 2.8 exceeds the national median by 0.3, consistent with a family-oriented community.
Age Distribution
Bedrooms
Dwelling Structure
76.7%
Houses
20.1%
Townhouse
2.8%
Apartment
Tenure
Owner-occupiers hold 82.8% of all dwellings, split between outright owners (42.6%) and mortgage holders (40.2%). The 42.6% outright ownership rate is well above the national average of around 30%, suggesting established wealth in the area. Prices grew from $827,500 in 2013 to $1,535,000, a CAGR of 4.5% over 14 years. The 2022 peak of $1,605,000 remains above current levels by 4.4%. Stock is 76.7% separate houses, 20.1% semi-detached, and just 2.8% apartments. The low rent-to-income ratio (18.0%) confirms that both owners and tenants face minimal housing stress.
Median House Price Trend
Source: State Valuer-General
Mortgage / mo
$2,579
Rent / wk
$450
HH Size
2.8
Personal Income / wk
$1,020
Vacancy Ratei% of dwellings unoccupied on Census night (ABS 2021)
6.9%
Unoccupied
227
Rent / IncomeiMedian rent as % of household income. Over 30% = housing stress
18.0%
Mortgage / IncomeiMedian mortgage as % of household income. Over 30% = housing stress
23.8%
Community Profile
Languages Spoken at Home
Ancestry
Household Composition
19.2%
Couples, no children
7,826
Total families
Economy & Employment
Employment is diversified across healthcare (14.3%), education (13.4%), professional/tech services (13.0%), construction (9.8%), and public administration (8.0%). Professionals (1,428) and managers (886) together represent over 50% of occupations, significantly above the national combined share of about 35%. Unemployment at 4.4% is near the national rate. SEIFA education (IEO) and economic resources (IER) both sit at decile 9, while disadvantage (IRSD) reaches decile 10, meaning fewer than 10% of Australian suburbs rank higher on the deprivation index. This consistency across all SEIFA measures is unusual for a suburb outside the inner ring.
Unemployment
1.4%
Labour Force
6,301
Unemployed
87
Quarterly Trend
Source: SALM Dec-25
Socio-Economic Indexes (SEIFA)iABS index ranking suburbs from 1 (most disadvantaged) to 10 (most advantaged)
Full-time
62.9%
Part-time
32.7%
Participation
64.2%
Employed
4,472
Occupations
Top Industries
University
49.0%
Postgraduate
11.8%
Born Overseas
19.8%
Dwellings
3,082
Transport to Work
Four schools cover primary through secondary: St Vincent de Paul's Catholic (ICSEA 1124, 431 students), Strathmore North Primary (1116, 632), Strathmore Primary (1104, 304), and Strathmore Secondary College (1086, 1958). All score above the national benchmark by 86+ points. Crime rate of 38.5 per 1,000 residents is well below the Victorian state average of around 65, with property offences (209) the main category. Public transport usage at 3.6% is low, though proximity to rail and tram corridors gives residents options. IRSAD decile 9 confirms strong socioeconomic standing.
Drive
88.0%
Public Transport
3.6%
Walk / Cycle
2.9%
Work from Home
N/A
Population Forecast
+0.68%/yr
(+72 people/yr)
EstablishedPopulation grows at 0.68% annually (+72 people/year), driven by overseas migration of +93/year while internal migration is nearly flat at -7/year. The medium forecast projects 10,945 by 2031, up from 10,536 in 2025. Over the past decade, population increased 11.0%, tracking below Melbourne's overall growth rate. Gentrification score is low at 4, confirming the suburb is already affluent rather than transitioning. Real income grew 18.3% over the decade, outpacing inflation, and affordability improved from 51.2% to 45.3% (mortgage-to-median-income ratio), because incomes rose faster than prices.
Historical + Forecast
Hamilton-Perry + Holt smoothing on ERP 2001-2025
Age Cohort Forecast
Primary Driver
Overseas Migration
Net Overseas / yr
+93
Net Internal / yr
-7
Gentrification Signal
Not gentrifying
Population +12% since 2011
Safety & Crime
Total Offences
346
Year ending June 2024
Rate per 1,000 People
38.5
Offence Categories
Source: Crime Statistics Agency Victoria / SA Police
National Ranking iPercentile rank among ~15,000 AU suburbs. 90% = higher than 90% of suburbs
How Strathmore compares to ~15,000 Australian suburbs
Frequently Asked Questions
Is Strathmore a good suburb to live in?
Strathmore combines strong schools (all ICSEA 1086+), low crime (38.5 per 1,000, below the state average), and high owner-occupation (82.8%). Household income sits in the 92nd percentile nationally. The main trade-off is low public transport usage (3.6%) and a $1.535M median price that requires high earnings, though mortgage stress at 23.8% stays well below the 30% threshold.
What is the median house price in Strathmore?
The median house price is $1,535,000 as of April-June 2024. Prices rose 85.5% from $827,500 in 2013 at a compound annual rate of 4.5%. The current median sits 4.4% below the 2022 peak of $1,605,000, suggesting a mild correction from the post-pandemic high.
What schools are in Strathmore?
Four schools serve the suburb: St Vincent de Paul's Catholic Primary (ICSEA 1124, 431 students), Strathmore North Primary (1116, 632), Strathmore Primary (1104, 304), and Strathmore Secondary College (1086, 1958). All exceed the national benchmark of 1000 by at least 86 points.
Is Strathmore safe?
The crime rate of 38.5 per 1,000 residents is significantly lower than Victoria's average of approximately 65 per 1,000. Property offences (209 incidents) are the largest category, followed by justice procedures (42) and drug offences (39). Crimes against the person total just 36, placing violent crime well below state norms.
Is Strathmore good for property investment?
Strathmore is a capital growth suburb, not a yield play. Only 17.2% of dwellings are rented, vacancy is elevated at 6.9%, and gross rental yield sits below 1.6%. However, 14-year CAGR of 4.5% demonstrates consistent long-term appreciation. The 21 DAs in 12 months show some infill subdivision activity that could create new housing stock.
How is Strathmore's population changing?
Population grows at 0.68% per year, adding roughly 72 people annually. Overseas migration (+93/year) drives growth while internal migration is nearly flat (-7/year). The medium projection places the population at 10,945 by 2031. Real income grew 18.3% over the decade, and gentrification score is 4, confirming the suburb was already affluent rather than transitioning.
What development is happening in Strathmore?
There were 21 development applications in 12 months, including two-lot subdivisions and new dwelling construction within overlay zones. This level of infill activity is moderate for a suburb of this size, indicating steady but not rapid densification. The 20.1% semi-detached share has been growing as larger lots get subdivided for townhouse development.
How to read these comparisons
Phrases like "above the national average" reference the unweighted median across Australian suburbs with more than 1,000 residents, not population-weighted national figures. Suburb-level medians are more useful for ranking suburbs against each other; ABS census headlines are population-weighted (so dominated by Sydney and Melbourne) and can read very differently.
Current baseline (refreshed 2026-05-10): median age 40, university-educated 30.1%, born overseas 21.6%, average household size 2.5 people.
Data sources: ABS 2021 Census (demographics, income, tenure), state Valuer-General (house prices), Department of Jobs SALM (unemployment), ACARA (school ICSEA), state Crime Statistics agencies (offences), council DA portals (development applications). Population forecasts use a Hamilton-Perry cohort model calibrated to ABS ERP.
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