Get a property report and suburb profile for any property in Stanmore

Stanmore is an inner-west suburb with a compact, residential feel: tree-lined streets of Victorian terraces and Federation cottages sit alongside some contemporary infill. A small village strip has cafes, independent shops and a handful of pubs, and residents are within easy reach of Newtown’s dining and cultural scene. Stanmore railway station on the Inner West line provides direct links to the city, while parks and local sports grounds add green space. The overall character is calm, close-knit and distinctly inner-city rather than suburban sprawl.

The community is weighted towards couple families, and the suburb is home to 7,619 people with a median age of 36 and a median household income of $2,395 a week. About 53.9% of homes are owner-occupied and 46.1% are rented, so there’s a mix of owners and renters. Stanmore station was upgraded under the NSW Transport Access Program and the Safer Cities Program with accessibility and safety improvements, and council planning includes a potential community centre at the library and embellishments to Stanmore Reserve. Whether Stanmore suits you depends on the kind of inner-city setting you want.

Buying in Stanmore sits well above what local households earned at the last Census. A median house price of $2,807,000 works out to about 22.5 times a typical local annual household income at the last Census, which is well above local incomes on these figures.

Renting tells a different story. A house rent of $1,200 a week would take about 50.1% of a typical local household's weekly income at the last Census, a large share, while a unit rent of $650 a week would take about 27.1% of that weekly income, a moderate share. If you are weighing renting versus buying, those rent shares are the immediate numbers that matter.

Everyone's financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.

Stanmore's market showed strong price growth over the past 12 months. Median house values climbed 18.7% and median unit values rose 14.6%, so capital growth was the dominant movement for both property types. Rents rose too, but more moderately: house rents increased a solid 9.1% while unit rents grew a modest 3.2%. Houses outpaced units on both value and rent growth this year, and for both types value gains were larger than rent gains. If you're weighing Stanmore as an investment, these figures separate what happened to capital growth from what happened to rental income, and whether that mix suits your goals depends on your circumstances.

This information has been prepared without taking your objectives, needs and overall financial situation into account. It is not meant to be a substitute for professional financial advice. For this reason, you should consider the appropriateness of the information and, if necessary, seek appropriate professional advice.