Stanmore

POSTAL CODE: NSW, 2048

HOUSE

UNIT

A steady increase in median property prices over a five-year period in the suburb translates to a 18.79% capital gain.

It also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $2,450,000

The augmented property values in the suburb are trailing above the territorial average of 5.63% in 2016.

On the other hand, based on current median home prices for the suburb, Real estate investors could earn a rental income of $1100.

Home owners selling their properties and realtors in STANMORE usually have to wait an average of 54.6 days days before their assets are lifted off the market.

The NSW suburb ranks 972nd on the list of best yielding suburbs for rental properties in NSW, posting a 2.33% return.

It also places places 579th in Australia based on median property value growth during the quarter.

Property investors enjoyed capital gains of 6.8% over the last 12 months in STANMORE, translating to lower returns compared with its peers in NSW.

A survey of average capital gains or median home price increase in suburbs across the country shows that STANMORE, 2048 obtained a 3.59% growth over a ten-year period. It ranks 1161st on our list of suburbs that property investors should look into.

STANMORE, 2048 has a capital gain of 6.8% for the past year, which is higher than average compared to its 28.5% growth within a five-year period.

With the median home price in STANMORE sitting at $941,250, and the average rent at $650, property owners could potentially earn a 3.59% increase in gross rental yield.

Figures from the previous quarter show that capital gains for real estate buyers in STANMORE are low, as opposed to average gains per annum over the past five years.

STANMORE, 2048 in NSW belongs to the local government area of Inner West.

Surburb overview

Stanmore is a suburb located approximately 3 kilometres south-west of Sydney's central business district, within the Inner West Council local government area.

According to the 2021 Census, Stanmore has 7,619 residents, with a median age of 35. The majority of residents, 68.3%, were born in Australia, followed by those born in England at 4.6%. English is the predominant language spoken at home, accounting for 76% of households. The suburb's median weekly household income is $2,395, higher than the national median.

Public transportation in Stanmore includes the Stanmore railway station on the Leppington & Inner West Line and the Sydney Trains network's Liverpool & Inner West Line. It provides residents with convenient access to the Sydney CBD and surrounding suburbs. Additionally, bus services operate along major roads such as Parramatta Road, further enhancing connectivity.

The suburb features a mix of residential and commercial areas. A small shopping centre is beside Stanmore railway station. Commercial developments also run along Parramatta Road, offering various retail and dining options.

Recreational facilities in Stanmore include several small parks and playgrounds, such as Weekley Park, Crammond Park, and Montague Gardens, providing residents with green spaces for leisure activities.

Stanmore's combination of accessible transportation, shopping amenities, and recreational spaces contributes to its appeal as a residential suburb within Sydney's Inner West.

You’re out of free articles for this month

Username or Email

Password Forgot password?

Keep me signed in on this device.

First Name

Last Name

Mobile

Organisation Type

By becoming a member, I agree to receive information and promotional messages from Smart Property Investment. I can opt out of these communications at any time. For more information, please visit our Privacy Statement.

Need help signing up? Visit the Help Centre.

Loading form...

Data report can be found below

Key Property Date Report	HOUSE	UNIT
Median Price	$2,450,000	$941,250
Growth Report
Median Quarterly	2.08%	1.48%
Median 12 month	7.69%	6.8%
Median 3 years	18.79%	14.44%
Median 5 years	39.2%	28.5%
10 years average annual	6.11%	3.59%
Weekly media advert. rent	$1,100	$650
Time on Market	54.6 days	59.9 days
Gross Rental Yield Percent	2.33%	3.59%

Demographics (Median Values)*

Total Population 7938

Weekly Household Income 2179

Household Size 2.30

Average Age 35

Monthly Loan Repayment 2600

* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.

Select a category

Age group

Top 10 Birth Countries

Dwelling Structures

Education

Household Income

Labour Force

Marital Status

Occupation

Religious Affiliation

Tenure Type