Stawell

POSTAL CODE: VIC, 3380
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A steady increase in median property prices over a five-year period in the suburb translates to a 11.76% capital gain.

It also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $380,000

The augmented property values in the suburb are trailing above the territorial average of 4.63% in 2016.

On the other hand, based on current median home prices for the suburb, Real estate investors could earn a rental income of $410.

Home owners selling their properties and realtors in STAWELL usually have to wait an average of 65.7 days days before their assets are lifted off the market.

The VIC suburb ranks 12th on the list of best yielding suburbs for rental properties in VIC, posting a 5.61% return.

It also places places 125th in Australia based on median property value growth during the quarter.

Surburb overview

Stawell is a regional city in western Victoria, located approximately 235 kilometres north-west of Melbourne and about 30 kilometres north-east of the Grampians National Park.

The city forms part of the Northern Grampians Shire and had a population of 6,458 at the 2021 Census.

Originally established during the Victorian gold rush, Stawell developed as a mining centre and remains closely associated with gold production, agriculture and regional services.

Commercial activity is centred along Main Street and the surrounding central business district, where supermarkets, retail stores, cafes, professional services and community facilities support both residents and neighbouring rural communities.

Stawell provides a regional hospital, primary and secondary schools, government services, sporting facilities and a range of healthcare providers, making it an important service hub for western Victoria.

The city is located on the Western Highway, providing direct road access to Ararat, Horsham, Ballarat and Melbourne.

Public transport includes V/Line passenger rail services linking Stawell with Ararat, Ballarat and Melbourne, as well as regional coach services connecting surrounding towns across the Grampians region.

The surrounding landscape combines agricultural land, native bushland and the nearby Grampians ranges, supporting industries including cropping, sheep grazing and tourism.

Outdoor recreation is a defining feature of the area, with bushwalking, rock climbing, camping and cycling available throughout the nearby Grampians National Park.

Stawell is internationally recognised for the Stawell Gift, a professional foot race traditionally held over the Easter long weekend and regarded as one of Australia’s longest-running athletics events.

Community life is supported by sporting clubs, cultural organisations, agricultural events and arts programs that serve the wider region.

Housing in Stawell includes heritage homes, established residential neighbourhoods, contemporary housing estates and rural lifestyle properties located on the city’s outskirts.

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