Stratton is an affordable residential suburb in the City of Swan north of Midland, offering large blocks and family homes at competitive prices. It is popular with first home buyers priced out of inner-metro areas who still want proximity to the Swan Valley region. At the current $510k median house price, an 80% loan at 6.25% over 30 years is about $2,512 per month.
| Median house price | $510,000 |
|---|---|
| Median unit price | $330,000 |
| Estimated monthly repayment | $2,512 at 80% LVR, 6.25%, 30 years |
| Annual price growth | 8.5% |
| Gross rental yield | 5.5% |
| Typical days on market | 19 |
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