Stanhope is a small community in Victoria within the Campaspe local government area (postcode 3623). With a population of 826, the suburb has a mature demographic with a median age of 49. Households earn a median income of $59K per year, with an average household size of 2.2 people. The most common occupations are managers, labourers, technicians & trades. The top ancestries reported are Australian, English, Irish.
The median house price in Stanhope is $357,000, having risen modestly 1.1% over the past year. The current median weekly rent is $414. This gives a gross rental yield of approximately 6.0%. The median monthly mortgage repayment is $888.
Stanhope is served by 1 school, including 1 primary. The average ICSEA score is 844, which is well below the national average of 1,000. Public transport access includes 4 bus stops. The crime rate in the Campaspe LGA is higher than average at 10,244 incidents per 100,000 population.
From an investment perspective, Stanhope offers a gross rental yield of 6.0%, rated as high yield. Property prices sit below the state median ($357K/$875K), suggesting a potential value opportunity. The price-to-income ratio of 6.1x is considered moderate. House prices have moved +1.1% year-on-year.
Stanhope is a small community in Victoria within the Campaspe local government area (postcode 3623). With a population of 826, the suburb has a mature demographic with a median age of 49. Households earn a median income of $59K per year, with an average household size of 2.2 people. The most common occupations are managers, labourers, technicians & trades. The top ancestries reported are Australian, English, Irish.
The median house price in Stanhope is $357,000, having risen modestly 1.1% over the past year. The current median weekly rent is $414. This gives a gross rental yield of approximately 6.0%. The median monthly mortgage repayment is $888.
Stanhope is served by 1 school, including 1 primary. The average ICSEA score is 844, which is well below the national average of 1,000. Public transport access includes 4 bus stops. The crime rate in the Campaspe LGA is higher than average at 10,244 incidents per 100,000 population.
From an investment perspective, Stanhope offers a gross rental yield of 6.0%, rated as high yield. Property prices sit below the state median ($357K/$875K), suggesting a potential value opportunity. The price-to-income ratio of 6.1x is considered moderate. House prices have moved +1.1% year-on-year.