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Suburb by suburb snapshot Strathdale

July 22, 2023 BY

This four- bedroom Strathdale home built in 1978 sold recently for $620,000.

Strathdale is approximately 3.6 square kilometres and has seven parks covering nearly 7.2 per cent of total area.

The population in 2016 was 5682 and by the 2021 Census it had grown slightly to 5756 showing an increase of 1.3 per cent in the area during that time.

Strathdale is a suburb located three kilometres east of Bendigo’s city centre on the McIvor Highway.

The centre of Strathdale has a large parkland, running southwards from the McIvor Highway and bordered by the Strathdale-White Hills Road.

It was originally a water reserve with the Grassy Flat reservoirs, and in the 1970s had a derelict hall under the care of the Kennington Reserve Committee which was replaced by new offices for Strathfieldsaye Shire.

As urbanisation advanced, the north part of the reserve was named Strathdale Park, with several sports fields and a community hall.

Strathdale is a mature suburb, with houses dating from the 1970s until the present.

CoreLogic data indicates that the predominant age group in Strathdale is 60-69 years with households being primarily childless couples likely to be repaying on average $1517 per month on mortgages.

In general, people in Strathdale work in a professional occupation.

TIDBIT:

Until 1994 Strathdale was in the Shire of Strathfieldsaye, but upon municipal amalgamation it became part of the City of Greater Bendigo.

 

Population: 5756

Male: 48.3%

Female: 51.7%

Median age: 46

5-year population change: 1.3%

House median value: $698,500

Change in Median Price: (5yrs) is 63%

Median asking rent per week: $465

Average length of ownership: 13 years

Owner occupiers: 73%

Renters: 27%

 

House median sale price:

March 2023: $670,000

March 2022: $660,000

March 2021: $545,000

March 2020: $490,000

March 2019: $403,000

 

House sales per annum:

Period ending March 2023: 94

Period ending March 2022: 119

 

Land median sale price:

March 2023: N/A

March 2022: N/A

 

Land sales per annum:

Period ending March 2023: 3

Period ending March 2022: 10