stawell

3380, Victoria

Real Estate & Property Information

Median
Price Rank
643

stawell Suburb Profile & Review

Stawell is positioned at the mouth of the Grampians National Park, in Victoria's Wimmera region. As a result it acts as a base for tourists keen to explore this remarkable mountainous attraction. The town experienced a period of immense wealth during Victoria's Gold Rush, and today grand historical buildings still line its streets.

Residents are employed in industries such as brick-production, goldmining and farming. From Stawell Railway Station, V/Line coaches travel to surrounding regional areas such as Ballarat and Horsham. The commercial centre of town can be found along Main Street, where there are restaurants, cafes and supermarkets. Duck into Magdala on the Lake for a fantastic a la carte dining experience overlooking a lake, or make the trip to the Koala Tavern in nearby Dadswells Bridge to see the amazing 14 metre high Giant Koala.

There are five schools in Stawell, including Stawell Primary School and Stawell Secondary College. Central Park is Stawell's main sports ground. In addition to the various clubs that share its facilities, it is home to the famous Stawell Gift, Australia's oldest short distance running race.

stawell Demographic Data

$ 147,250 Median House Price

158 Minutes Average Commute

43 Median Age

6,150 Population

51.50 % Female

48.50 % Male

1618 NO OF FAMILIES

1.9 AVG CHILDREN PER FAMILY

0.9 AVG MOTOR VEHICLE PER DWELLING

What this means

The following data, without any explanation, is just that, raw data. So in order to help you research the property market, we have outlined what this demographic and real estate information means and how it can be interpreted to help you make a smarter decision when buying or selling your next house or unit in stawell, Victoria.

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stawell Demographic Data

The demographic data below has been supplied by the Australian Bureau of Statistics (ABS), which is a government body. It is based on Census data collected every 5 years on the Australian population. Although it is dated 2011, this is the latest data available and should give property investors, property buyers and sellers a very good idea when researching or reviewing their suburb.

It’s important to note when looking at this data that you don’t just use it on its own. Consider this demographic and real estate data as a whole and seek advice from a professional when thinking of buying or selling your next property.

stawell Median House Prices

  • 2008 $ 145,000
  • 2009 $ 150,000
  • 2010 $ 145,000
  • 2011 $ 150,000
  • 2012 $ 147,250

What this means

Median values are the most accepted measure of property values in the real estate industry in Australia. The median is the midpoint (the middle) figure when all the sold property prices over a particular period of time are ordered from their lowest to their highest value.

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stawell 5 Year Median House Prices

Here we have outlined the median value for all sales for each year over a period of 5 years. This is a more realistic timeframe when gauging how houses and units in stawell have performed, and it usually indicates how they will perform in the future.

Median values less than 3 months old are often not always accurate (due to incomplete data) and therefore cannot be relied upon for long-term stawell property price predictions.

stawell Market Property Types

  • 91 % Seperate House
  • 4 % Semi Detached
  • 4 % Flat or Unit
  • 1 % Other Dwelling

What this means

The property type in your suburb will help you identify the density of the area. The greater the number of flats, units and apartments, the more likely it is the suburb has a higher density of living and occupants are more reliant on public transport, cafes, restaurants, convenience stores and amenities, infrastructure and less reliant on their own vehicle for transport.

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stawell Market Property Types

Typically, inner city suburbs within 10km of the CBD are comprised of apartments and semi-detached homes, while middle ring suburbs have semi-detached and detached properties. Rural properties would most likely fall under the “other” category.

This ABS Property Type data combined with Population Density and Family Composition figures gives a good indication of the type of people living in an area and therefore what type of property (1-2 bed apartment or house) would be an ideal investment or property to live in.

stawell Income & Mortgage Stats

  • $ 824 Median Weekly Household Income
  • $ 964 Median Monthly Mortgage

What this means

This is one of the most compelling statistics in this section because it has a profound impact on real estate prices. It should always be considered when buying or selling property in stawell

Experts believe mortgage stress occurs in real estate when property owners are spending over 30% of their gross income on their mortgage repayments. These figures show weekly income and monthly mortgages.

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stawell Income & Mortgage Stats

To calculate the percentage of income paid towards a mortgage for the suburb of Melbourne, multiply the mortgage payment (e.g. $2450) by 12 then divide this figure by the weekly income (e.g. $1200) multiplied by 52 (weeks) to look like this ($2450 x12/$1200 x 52) x 100 = 47%

Any figure above 30% usually indicates that the suburb you intend to buy in may have property owners with a high incidence of mortgage stress. In terms of maintaining or growing property values in the future and trying to secure a strong property price when selling, this could have an impact, especially in an economic or local industry downturn.

stawell Sold Property Prices

stawell Real Estate Experts

In each suburb we have identified real estate agents who are active local experts. Our goal is to have a network of real estate agents that have been reviewed by previous clients for future buyers and sellers to rely on when making their next property move or even when they just wanting real estate advice.

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