Back to Suburb Insights
Stanhope Gardens Suburb Insights
VICLocation Information
Suburb Name
Stanhope Gardens, VIC
Distance from CBD
18.3 kmDemographics
Population
9,163
Median Income
$45,864
Area Information
Area
2.84 km²
Population Density
3226 people/km²
Property Market
Median Price
$419,696
Annual Growth
+10.1%Property Price Trend Analysis
Current Median Price
$419,696
Annual Growth
+10.1%
Quarterly Growth
+4.1%
Price Trends - Last 6 Months
2024-01
$716,783
+7.9%2024-02
$420,131
+9.1%2024-03
$825,284
+5.1%2024-04
$1,166,991
+7.1%2024-05
$744,133
+8.6%2024-06
$424,361
+11.2%Property Type Price Analysis
House
Median Price
$1,356,908
Growth Rate
+13.6%Available Listings
167 properties
Apartment
Median Price
$349,353
Growth Rate
+9.2%Available Listings
522 properties
Townhouse
Median Price
$430,043
Growth Rate
+8.4%Available Listings
119 properties
Investment Potential Assessment
Investment Advantages
- Annual growth exceeds 8% - excellent performance
- Strong quarterly growth momentum
- Diverse property types available
Considerations
- Rising prices may affect affordability
- Monitor interest rate changes
- Consider long-term investment strategy