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Stanmore Suburb Insights
VICLocation Information
Suburb Name
Stanmore, VIC
Distance from CBD
23.2 kmDemographics
Population
7,938
Median Income
$55,484
Area Information
Area
1.22 km²
Population Density
6507 people/km²
Property Market
Median Price
$929,573
Annual Growth
+15.6%Property Price Trend Analysis
Current Median Price
$929,573
Annual Growth
+15.6%
Quarterly Growth
+4.8%
Price Trends - Last 6 Months
2024-01
$876,595
+9.2%2024-02
$583,655
+4.3%2024-03
$643,596
+10.4%2024-04
$971,675
+7%2024-05
$787,430
+16.7%2024-06
$688,176
+9.2%Property Type Price Analysis
House
Median Price
$1,755,303
Growth Rate
+6%Available Listings
426 properties
Apartment
Median Price
$532,251
Growth Rate
+12.1%Available Listings
257 properties
Townhouse
Median Price
$970,494
Growth Rate
+7.9%Available Listings
174 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