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Stanhope Gardens
NSW 2768
Property Market

Property Market in Stanhope Gardens

Last updated up to 2nd Quarter 2024 (1 Jan 2024 - 30 June 2024)


Here you can find the latest 2024 property market data for Stanhope Gardens, NSW 2768. This market report will provide insight into the median house prices in the area, annual sold number, days on the market and auction clearance rate.


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Property Appraisal in Stanhope Gardens

Stanhope Gardens
Properties

Total number of properties: 3,089


Property types:

Standalone houses accounted for 88.8% of properties in Stanhope Gardens and 11.2% for semi-detached or terrace houses.


Number of bedrooms:

Four or more-bedroom properties are the most dominant in Stanhope Gardens, which account for 64.1% of all properties, followed by three-bedroom properties with 25.4%.


Homeownership: 

In 2021, properties in Stanhope Gardens owned with no mortgage were 24.4%, owned with a mortgage were 53.5% and rental properties were 20.1%.

Stanhope Gardens
House Market Trends

Median house price

The median house price was:

So far in 2024, $1,510,000 (up by 2.51%)

   In 2023, $1,473,000 (up by 8.27%)

   In 2022, $1,355,000 (up by 4.2%)

   In 2021, $1,300,000 (up by 30%)

   In 2020, $1,000,000 (up by 13.6%)


Highest sold price

The highest house price was:

So far in 2024, $2,300,000

   In 2023, $2,222,000

   In 2022, $2,200,000

   In 2021, $1,961,000

   In 2020, $1,499,990


Number of sold house

The number of houses sold were:

So far in 2024, 43 sold

   2023, 99 sold

   2022, 109 sold

   2021, 195 sold

   2020, 155 sold


Average Days on market for house

Average Days on the market:

So far in 2024, 27 days

   2023, 37 days

   2022, 42 days

   2021, 52 days

   2020, 37 days


Median rental for house

The median rental was: 

So far in 2024, $758/week.

   In 2023, $758/week (up by 8.3%)

   In 2022, $700/week (up by 7.7%)

   In 2021, $650/week (up by 8.3%)

   In 2020, $600/week (up by 5.3%)

Stanhope Gardens
House Market in 2024

The stats for Q2 2024

Median house price was $1,510,000

Median price for:

   3-bed house was $1,350,000

   4-bed house was $1,465,000

   5+bed house was $1,667,500

Number of houses sold was 21

Median land size sold was 454 sqm

Average days on the market for a house was 30 days

Average days on the market for:

   3-bed house was 22 days

   4-bed house was 25 days

   5+bed house was 35 days


The record for Q2 2024

The highest price for a house sold was $2,300,000

The highest price for:

   3-bed sold was $1,465,000

   4-bed sold was  $1,695,000

   5+bed sold was  $2,100,000

The largest land size for a residential house sold was 600 sqm


The selling method for Q2 2024

The percentage of properties sold with private treaty was 55%

The percentage of properties sold at Auction was 45%


Rental market for Q2 2024

Number of rented 29 properties

Median rent for a house was $802/week

Median rent for:

   3-bed was $720/week

   4-bed was $840/week

   5+bed was $476/week

Average days on the market was 17 days

Average days on the market for :

   3-bed house was 15 days

   4-bed house was 17 days

   5+bed house was 24 days

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