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Stanhope Gardens
NSW 2768
Property Market

Property Market in Stanhope Gardens

Last updated on 8th April 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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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

So far in 2024, median house price was 

 $1,490,000 (up by 1.5%)

In 2023, median house price was 

 $1,473,000 (up by 8.27%)

In 2022, median house price was 

 $1,355,000 (up by 4.2%)

In 2021, median house price was 

 $1,300,000 (up by 30%)

In 2020, median house price was 

 $1,000,000 (up by 13.6%)

In 2019, median house price was 

 $880,000 (down by 4.2%)


Highest sold price

So far in 2024, the highest price was $2,100,000

In 2023, the highest price was $2,222,000

In 2022, the highest price was $2,200,000

In 2021, the highest price was $1,961,000

In 2020, the highest price was $1,499,990


Number of sold house

So far in 2024, 20 houses were sold

In 2023, 99 houses were sold

In 2022, 109 houses were sold

In 2021, 195 houses were sold

In 2020, 155 houses were sold

In 2019, 142 houses were sold


Average Days on market for house

So far in 2024, days on market was 25

In 2023, days on market was 37

In 2022, days on market was 42

In 2021, days on market was 52

In 2020, days on market was 37


Median rental for house

In 2023, median house rent was 

 $758/week (up by 8.3%)

In 2022, median house rent was 

 $700/week (up by 7.7%)

In 2021, median house rent was 

 $650/week (up by 8.3%)

In 2020, median house rent was 

 $600/week (up by 5.3%)

In 2019, median house rent was 

 $570/week (down by 4.6%)

Year 2024 1st Quarter
(1 Jan 24- 31 Mar 24)

The stats so far

Median house price was $1,490,000

Median price for:

   3-bed house was $1,250,000

   4-bed house was $1,465,000

   5+bed house was $1,667,500

Number of houses sold was 20

Median land size sold was 462 sqm

Average days on the market for a house was 25 days

Average days on the market for:

   3-bed house was 23 days

   4-bed house was 25 days

   5+bed house was 35 days


The record so far

The highest price for a house sold was $2,100,000

The highest price for:

   3-bed sold was $1,290,000

   4-bed sold was  $1,695,000

   5+bed sold was  $2,100,000

The largest land size for a residential house sold was 578 sqm


The selling method

The percentage of properties sold with private treaty was 55%

The percentage of properties sold at Auction was 45%

Stanhope Gardens auction clearance rate was 75%


Rental market for house

Number of rented 45 properties

Median rent for a house was $800/week

Median rent for a 3-bed was $700/week

Median rent for a 4-bed was $820/week

Median rent for a 5+bed was $880/week

Most rented property is a 4-bedroom house

Average days on the market for a house was 25 days

Average days on the market for :

   3-bed house was 20 days

   4-bed house was 32 days

   5+bed house was 14 days

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