Question 1

Is Stratton a nice place to live?

Accepted Answer

Stratton is an established residential suburb in Perth's eastern suburbs, part of the City of Swan and adjacent to the Midland town centre. It has mainly low-rise, single-family homes on mature, tree-lined streets with pockets of newer infill townhouses, and it tends to attract families and long-term owner-occupiers. The suburb is home to 3,267 people, the median age is 33, and around seven in ten residences are owner-occupied.

Local parks and sporting reserves provide green space, while residents use Midland for shopping, medical services and rail connections; regular bus links and a straightforward road network make day-to-day travel practical. Community facilities include the Stratton Community Centre, which the City of Swan has scheduled for refurbishment, and ongoing youth services at the Stratton Edge Youth Centre run by Rise Network. Recent mural work, plantings along Stratton Boulevard and local calls to upgrade John Stone Park show active community interest. Whether Stratton suits you depends on whether a settled suburb with nearby amenities fits your needs.

Question 2

Is it expensive to live in Stratton?

Accepted Answer

On the figures, buying in Stratton sits well above local incomes at the last Census. A median house price of $785,000 is about 10.8 times a typical local household's annual income at the last Census, where weekly household income was $1,403 (about $72,956 a year). Renting runs to $660 a week, which would take about 47% of a typical local household's weekly income at the last Census, a large share, so for many people the rent figure will be the more relevant measure.

Everyone's financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.

Question 3

Is Stratton a good place to invest?

Accepted Answer

Over the past 12 months house values in Stratton rose 24.6%, a strong increase in what houses are worth. House rents also increased, up 6.8% over the same period, a solid rise in rental income.

For someone weighing Stratton up as an investment, the figures show capital growth outpaced rental growth this year, so price gains were the stronger performer while rental income rose more modestly. Whether that balance fits your plans comes down to your goals and circumstances.

This information has been prepared without taking your objectives, needs and overall financial situation into account. It is not meant to be a substitute for professional financial advice. For this reason, you should consider the appropriateness of the information and, if necessary, seek appropriate professional advice.

	Houses	Units
Median price Past 3 months	$785K	N/A
Change in value Past 12 months	24.6%	N/A
Sold Past 3 months	13	N/A
Median days on market Past 12 months	6	N/A
Average rent Past 12 months	$660	N/A
Change in rent Past 12 months	6.8%	N/A

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