Stanmore is a mid-sized suburb in New South Wales within the Inner West local government area (postcode 2048). With a population of 7,619, the suburb has a mix of young professionals and families with a median age of 36. Households earn a median income of $125K per year, with an average household size of 2.3 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Irish.
The median house price in Stanmore is $2.4 million, having grown strongly 6.4% over the past year. Units have a median price of $905,000 (-5.2% YoY). The current median weekly rent is $690. This gives a gross rental yield of approximately 1.5%. The median monthly mortgage repayment is $3,000.
Stanmore is served by 3 schools, including 2 primary, 1 combined. The average ICSEA score is 1160, which is well above the national average of 1,000. Public transport access includes 12 bus stops. The crime rate in the Inner West LGA is below average at 2,844 incidents per 100,000 population.
From an investment perspective, Stanmore offers a gross rental yield of 1.5%, rated as low yield. Property prices are above the state median ($2.4M/$1.5M), placing it in the premium segment. The price-to-income ratio of 19.4x is considered stretched. House prices have moved +6.4% year-on-year.
Stanmore is a mid-sized suburb in New South Wales within the Inner West local government area (postcode 2048). With a population of 7,619, the suburb has a mix of young professionals and families with a median age of 36. Households earn a median income of $125K per year, with an average household size of 2.3 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Irish.
The median house price in Stanmore is $2.4 million, having grown strongly 6.4% over the past year. Units have a median price of $905,000 (-5.2% YoY). The current median weekly rent is $690. This gives a gross rental yield of approximately 1.5%. The median monthly mortgage repayment is $3,000.
Stanmore is served by 3 schools, including 2 primary, 1 combined. The average ICSEA score is 1160, which is well above the national average of 1,000. Public transport access includes 12 bus stops. The crime rate in the Inner West LGA is below average at 2,844 incidents per 100,000 population.
From an investment perspective, Stanmore offers a gross rental yield of 1.5%, rated as low yield. Property prices are above the state median ($2.4M/$1.5M), placing it in the premium segment. The price-to-income ratio of 19.4x is considered stretched. House prices have moved +6.4% year-on-year.