Fantastic opportunity to purchase a large piece of Stanhope's main street. The property is located on 1383 m2 over two titles & consists of three well-constructed sheds & established grounds. The smaller shed is 3.8m x 7.4m and is currently used for sewing and rug repairs, the second shed is 4.8m x 7.5m and is used as a workshop with dual access and the main shed is 13.5m x 18m with 3 phase power that is multi use, include a bar and catering area and also has a 2 bedroom residence with kitchen/balcony area overlooking the gardens & street. There is caravan parking at the rear of the property, a beautiful fire pit, toilets and a water tank. The property can be sold as a walk in walk out prospect and offers a unique opportunity to further develop in this resilient country town.
The size of Stanhope is approximately 72.2 square kilometres. The population of Stanhope in 2011 was 915 people. By 2016 the population was 820 showing a population decline of 10.4% in the area during that time. The predominant age group in Stanhope is 50-59 years. Households in Stanhope are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Stanhope work in a managers occupation. In 2011, 78.2% of the homes in Stanhope were owner-occupied compared with 83% in 2016.
Stanhope has 502 properties. Over the last 5 years, Houses in Stanhope have seen a 111.77% increase in median value, while Units have seen a 29.05% increase. As at 31 October 2024:
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