Smoko vs Strathmore
Property investment comparison - Smoko, VIC 3741 vs Strathmore, VIC 3041
Head-to-head across core investment metrics: Smoko wins 2, Strathmore wins 1. The better choice depends on whether you're optimising for cash flow, growth, affordability, or liquidity, the table below highlights the winner on each metric.
| Metric | Smoko | Strathmore |
|---|---|---|
| Median house price | $1.5M | $1.5M |
| Median unit price | $710K | - |
| Gross rental yield (houses) | - | 2.73% |
| Gross rental yield (units) | 3.72% | 4.40% |
| 1-year house growth | - | -5.5%estimate |
| 3-year house growth | - | - |
| Vacancy rate | 0.5% | 2.8% |
| Population | 56 | 8,980 |
Smoko vs Strathmore: what the numbers say
The median house price is $1.5M in Smoko and $1.5M in Strathmore, so Smoko is the cheaper entry point, with Strathmore houses about 1% dearer.
Rental vacancy is 0.5% in Smoko and 2.8% in Strathmore, so landlords in Smoko face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.
Strathmore is the bigger suburb, with a population of 8,980 against 56, roughly 160 times the size of Smoko; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Smoko for a lower purchase price, Smoko for the tighter rental market. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.
Keep exploring
- National investment guide - top suburbs across every metric
- Take the suburb finder quiz - 5 questions to match your goals
- How our investment score works
- Property investment glossary - every term defined
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