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Stawell suburb profile

Stawell is a historic town in Victoria, renowned for its annual Stawell Gift, one of the world's oldest and most prestigious footraces. Nestled at the base of the Grampians National Park, it offers residents and visitors a picturesque setting with ample opportunities for outdoor activities. The town boasts a rich gold mining heritage, evident in its architecture and local attractions. Stawell provides a welcoming community atmosphere, with a range of amenities including schools, shops, and healthcare facilities. Its blend of history, natural beauty, and community spirit makes Stawell a charming place to live and explore.

Stawell property market performance

Stawell’s property market has shown a strong performance in the past 12 months, with house values increasing by 13.4%, bringing the median house price to $369,500. The unit market, however, remains stagnant with no change in median value, reflecting limited activity in this sector.

Over the last three months, 23 houses were sold, while only one unit transaction took place, indicating a stronger demand for houses. Houses are selling relatively quickly with a median of 42 days on the market, whereas units are taking significantly longer at 99 days, suggesting a softer demand for units.

The rental market in Stawell has seen moderate growth, with house rents increasing by 5.0% and unit rents by 4.0% over the last 12 months. The average rent for houses is $420, while units average $260, highlighting a steady demand for rental properties.

HousesUnits
Median price
Past 3 months
$370KN/A
Change in value
Past 12 months
13.4%N/A
Sold
Past 3 months
231
Median days on market
Past 12 months
4299
Average rent
Past 12 months
$420$260
Change in rent
Past 12 months
5.0%4.0%

5 year median price trend for houses and units

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Stawell demographics

Stawell, located in Victoria, is a charming regional town known for its rich history and community spirit. With a population of 6,220, it offers a peaceful lifestyle away from the hustle and bustle of city life. The median age of 47 indicates a mature community, with many residents enjoying the slower pace and close-knit environment that Stawell provides. The town is well-known for the Stawell Gift, a prestigious annual footrace that attracts visitors from across the country.

Housing in Stawell is characterized by a high rate of outright ownership, with 46% of properties owned outright, reflecting a stable and established community. Additionally, 28.2% of homes are owned with a mortgage, while 25.8% are rented, offering a range of options for both long-term residents and newcomers. The median total household income of $1,127 per week is reflective of the regional setting, where living costs are generally lower than in metropolitan areas.

Family dynamics in Stawell show a predominance of couple families without children, making up 49.7% of the population, while couple families with children account for 32.1%. One-parent families represent 16.1%, highlighting a diverse family structure within the community. Stawell's appeal lies in its blend of historical charm, community-focused living, and the natural beauty of the surrounding Grampians region, making it an attractive place for those seeking a balanced and fulfilling lifestyle.

Stawell infrastructure, key developments and investment opportunities

Stawell is attracting attention from ongoing investment in the nearby Stawell Gold Mine and associated industrial activity, supporting local employment and underpinning housing demand over the medium term.[2] The town’s role as the main administrative centre for the Shire of Northern Grampians also ensures continued funding for civic upgrades, community facilities and services, which can enhance local amenity and buyer appeal.[2]

Proximity to the Grampians and broader Wimmera tourism, including events like the Stawell Gift, continues to bolster visitor numbers and short-stay accommodation demand, indirectly supporting the local property market.[2][3] Aside from incremental improvements to community infrastructure and services, there are currently no widely publicised large-scale transport, school or precinct redevelopments in Stawell that are expected to significantly alter property market dynamics in the immediate future.

Stawell rental market trends

The rental market in Stawell has experienced modest growth, with house rents increasing by 5% over the past year to $420 per week, while unit rents have risen 4% to $260 per week. This steady growth reflects a stable demand in the area, making Stawell an attractive option for renters seeking affordability and investors looking for consistent returns.

Suburbs near Stawell

Some popular suburbs near Stawell include:

How does Stawell compare to nearby suburbs?

  • Selling speed for houses: Properties in Stawell are selling 67.4% faster than in Halls Gap.

Common questions about Stawell

  • Is Stawell a nice place to live?

    Stawell is a delightful place to call home, offering a peaceful and picturesque lifestyle that is perfect for families and individuals seeking a serene environment. Nestled at the base of the stunning Grampians National Park, Stawell provides a charming blend of natural beauty and a welcoming community atmosphere. The town is known for its rich history, which is reflected in its beautiful architecture and local attractions, making it a unique and interesting place to live.

    The suburb offers a relaxed vibe with a strong sense of community, making it ideal for families who appreciate a close-knit environment. With a range of amenities including schools, shops, and healthcare facilities, Stawell ensures that residents have access to essential services without the hustle and bustle of city life. The town's proximity to the Grampians provides ample opportunities for outdoor activities, such as hiking and exploring, which are perfect for nature-loving families.

    While Stawell offers a peaceful lifestyle, it does come with some trade-offs. The town lacks the fast-paced lifestyle and extensive entertainment options found in larger cities, which might not appeal to those seeking a vibrant nightlife or a wide array of cultural events. However, for those who value tranquility and a strong community spirit, Stawell is a wonderful place to settle down.

    Safety is generally not a major concern in this charming town, and the community-focused living makes it an attractive option for families. Although there are no large-scale transport or school redevelopments currently underway, the ongoing investment in local infrastructure and the nearby Stawell Gold Mine supports local employment and enhances the town's appeal. Overall, Stawell offers a balanced and fulfilling lifestyle for those who appreciate its unique blend of history, community, and natural beauty.

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  • Is it expensive to live in Stawell?

    Living in Stawell is relatively affordable compared to many other parts of Victoria. With a median house price of $369,500, it is significantly lower than the median house prices in larger cities like Melbourne. This makes Stawell an attractive option for those looking to buy property without the hefty price tag associated with urban areas.

    The average annual wage in Stawell is about $60,000, which translates to a weekly income close to the median total household income of $1,127. This suggests that the cost of living, particularly in terms of housing, is quite manageable for those earning the average wage in the area. Renting is also affordable, with houses averaging $420 per week and units at $260 per week, providing options for different budget levels.

    Overall, Stawell offers a more budget-friendly living environment compared to the bustling city life, making it a viable option for those seeking a quieter lifestyle without breaking the bank. If you're thinking of living in Stawell, you'll find that it offers a balance of affordability and a relaxed country lifestyle.

    Disclaimer: To assess whether a suburb is considered expensive, we’ve looked at mortgage and rental costs as a proportion of the average local salary. That said, everyone’s financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.
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  • Is Stawell a good place to invest?

    Stawell presents an intriguing opportunity for property investors, especially those looking for growth in regional areas. Over the past year, the suburb has experienced a notable 13.4% increase in median house values, indicating strong demand and potential for capital appreciation. This growth is particularly impressive given the broader market conditions, suggesting that Stawell is becoming an increasingly attractive option for buyers seeking value outside of metropolitan areas.

    While unit values have remained stable over the past year, the rental market in Stawell shows promising signs. House rents have increased by 5.0%, and unit rents by 4.0%, reflecting a steady demand for rental properties. This could be appealing for investors interested in generating consistent rental income. The combination of rising house values and stable rental growth makes Stawell a compelling choice for those looking to invest in a regional market with potential for both capital growth and rental yield.

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Choose the right real estate agents in Stawell

In Stawell ,15 agents are actively selling property, but a small number do the heavy lifting. Just 5 agents handled 75.4% of all sales in the past year, giving them a strong presence and deep experience in the local market.

Commission rates usually sit between 2.1% and 3.25%. Comparing agents and understanding what’s included in their fee structure can help you find the right mix of service, value, and motivation—without compromising on outcomes.

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