Stawell is a mid-sized suburb in Victoria within the Northern Grampians local government area (postcode 3380). With a population of 6,220, the suburb has a mature demographic with a median age of 47. Households earn a median income of $59K per year, with an average household size of 2.2 people. The most common occupations are labourers, community & personal service, professionals. The top ancestries reported are Australian, English, Scottish.
The median house price in Stawell is $315,000, having dipped slightly 1.3% over the past year. Units have a median price of $306,000 (+39.1% YoY). The current median weekly rent is $320. This gives a gross rental yield of approximately 5.3%. The median monthly mortgage repayment is $973.
Stawell is served by 5 schools, including 3 primary, 1 secondary, 1 special. The average ICSEA score is 945, which is below the national average of 1,000. Public transport access includes 3 rail stations, 55 bus stops. Healthcare facilities include 1 public hospital. The crime rate in the Northern Grampians LGA is higher than average at 13,475 incidents per 100,000 population.
From an investment perspective, Stawell offers a gross rental yield of 5.3%, rated as high yield. Property prices sit below the state median ($315K/$875K), suggesting a potential value opportunity. The price-to-income ratio of 5.4x is considered affordable. House prices have moved -1.3% year-on-year.
Stawell is a mid-sized suburb in Victoria within the Northern Grampians local government area (postcode 3380). With a population of 6,220, the suburb has a mature demographic with a median age of 47. Households earn a median income of $59K per year, with an average household size of 2.2 people. The most common occupations are labourers, community & personal service, professionals. The top ancestries reported are Australian, English, Scottish.
The median house price in Stawell is $315,000, having dipped slightly 1.3% over the past year. Units have a median price of $306,000 (+39.1% YoY). The current median weekly rent is $320. This gives a gross rental yield of approximately 5.3%. The median monthly mortgage repayment is $973.
Stawell is served by 5 schools, including 3 primary, 1 secondary, 1 special. The average ICSEA score is 945, which is below the national average of 1,000. Public transport access includes 3 rail stations, 55 bus stops. Healthcare facilities include 1 public hospital. The crime rate in the Northern Grampians LGA is higher than average at 13,475 incidents per 100,000 population.
From an investment perspective, Stawell offers a gross rental yield of 5.3%, rated as high yield. Property prices sit below the state median ($315K/$875K), suggesting a potential value opportunity. The price-to-income ratio of 5.4x is considered affordable. House prices have moved -1.3% year-on-year.