Stanhope Gardens is a mid-sized suburb in New South Wales within the Blacktown local government area (postcode 2768). With a population of 9,349, the suburb has a mix of young professionals and families with a median age of 37. Households earn a median income of $149K per year, with an average household size of 3.2 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are Australian, English, Indian.
The median house price in Stanhope Gardens is $1.7 million, having surged 11.5% over the past year. Units have a median price of $950,000 (+1.1% YoY). The current median weekly rent is $835. This gives a gross rental yield of approximately 2.6%. The median monthly mortgage repayment is $2,700.
Stanhope Gardens is served by 2 schools, including 1 primary, 1 secondary. The average ICSEA score is 1104, which is well above the national average of 1,000. Public transport access includes 29 bus stops. The crime rate in the Blacktown LGA is below average at 3,212 incidents per 100,000 population.
From an investment perspective, Stanhope Gardens offers a gross rental yield of 2.6%, rated as low yield. Property prices are near the state median ($1.7M/$1.5M). The price-to-income ratio of 11.4x is considered stretched. House prices have moved +11.5% year-on-year.
Stanhope Gardens is a mid-sized suburb in New South Wales within the Blacktown local government area (postcode 2768). With a population of 9,349, the suburb has a mix of young professionals and families with a median age of 37. Households earn a median income of $149K per year, with an average household size of 3.2 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are Australian, English, Indian.
The median house price in Stanhope Gardens is $1.7 million, having surged 11.5% over the past year. Units have a median price of $950,000 (+1.1% YoY). The current median weekly rent is $835. This gives a gross rental yield of approximately 2.6%. The median monthly mortgage repayment is $2,700.
Stanhope Gardens is served by 2 schools, including 1 primary, 1 secondary. The average ICSEA score is 1104, which is well above the national average of 1,000. Public transport access includes 29 bus stops. The crime rate in the Blacktown LGA is below average at 3,212 incidents per 100,000 population.
From an investment perspective, Stanhope Gardens offers a gross rental yield of 2.6%, rated as low yield. Property prices are near the state median ($1.7M/$1.5M). The price-to-income ratio of 11.4x is considered stretched. House prices have moved +11.5% year-on-year.