Thinking about buying in Stonnington? Now could not be a better time, with 14744 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $2,060,000 with prices in this suburb ranging from $140,000 to $19,110,000. Stonnington is located fairly close to the coast at just 5Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.

Stonnington Real Estate Market Outlook

Consistent high demand relative to supply is a key feature in Stonnington driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. High average incomes in Stonnington ensure a focus on quality with a commensurate high entry price under constant demand. Competition for available quality housing is intense with multiple offers likely to be made in excess of asking prices. The high percentage of professional people in Stonnington classifies the area as "gentrified". This implies high demand for quality housing, generally of larger than average size. Price growth is ensured even where the state affordability index is negatively impacting other areas. High density population in Stonnington requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. High industry presence in the wider area is a double-edged sword. While local employment options are high, the presence of industrial buildings may negatively impact lifestyle perception. Demand from first home buyers and investors however ensures good price growth.

Houses for sale Stonnington

	unit 1, 111 chadstone rd, malvern east, vic, 3145	5	3	3	$1,550,000 - $1,650,000
	422 wattletree rd, malvern east, vic, 3145	5	2	2	Sold
	unit 20, 2a bates st, malvern east, vic, 3145	1	1	1	For Sale Contact Agent
	unit 301, 141 waverley rd, malvern east, vic, 3145	4	3	2	Private Sale: $1,950,000 - $2,05,000
	unit 2, 732-734 warrigal rd, malvern east, vic, 3145	5	2	2	Contact Agent
	unit 1, 555 waverley rd, malvern east, vic, 3145	4	3	2	Inspection by Appointment
	unit 410, 803 dandenong rd, malvern east, vic, 3145	1	1	1	$370,000
	unit 1113, 803 dandenong rd, malvern east, vic, 3145	2	2	1	CONTACT AGENT
	unit 402, 803 dandenong rd, malvern east, vic, 3145	2	2	1	$495,000-$540,000
	unit 1, 1810 malvern rd, malvern east, vic, 3145	2	2	1	Price: Contact Agent
	5 sweetbox walk, malvern east, vic, 3145	4	3	2	Price: Contact Agent
	unit 319, 2 john st, malvern east, vic, 3145	2	2	1	$510,000-$550,000 MUST SELL!
	unit 3, 732-734 warrigal rd, malvern east, vic, 3145	3	1	2	990000
	unit 3, 800 warrigal rd, malvern east, vic, 3145	2	1	1	390000
	unit 604, 881 dandenong rd, malvern east, vic, 3145	1	1	1	350000
	unit 520, 803 dandenong rd, malvern east, vic, 3145	2	2	1	450000
	unit 105, 1009 dandenong rd, malvern east, vic, 3145	1	1	1	450000
	unit 104, 5a winton rd, malvern east, vic, 3145	2	2	1	$570,000 - $600,000

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General Points of Interest

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