Leichhardt vs Stanmore

Leichhardt (median $2,200,000) is roughly 8% cheaper to buy into than Stanmore ($2,400,000). Over the past year, Leichhardt (+11.7%) ran 6.4 percentage points ahead of Stanmore (+5.3%) on house-price growth.

Buying in Leichhardt or Stanmore?

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Leichhardt and Stanmore side by side

MeasureLeichhardtStanmore
Price and market
Median house$2,200,000$2,400,000
Median unit$1,065,000$475,200
House price change, 12 months+11.7%+5.3%
Renting
House rent$1110/wk$1150/wk
Unit rent$680/wk$670/wk
Owner occupied58.0%53.0%
Renter occupied40.0%45.0%
Schools
Schools nearby2020
Average ICSEA11151118
Lifestyle and people
Walk score100100
Transit score030
Bike score100100
Population15,1587,619
Median age3736
Climate
Annual rainfall981 mm981 mm
Mean max, January27.6°C27.6°C

Green dot: better on that measure (lower price, higher growth, higher walkability, lower risk). Each suburb’s profile gives the source and period of its figures.

Which suits whom

On school quality, the average ICSEA across schools serving Stanmore (1118) sits above Leichhardt (1115).

For buyers
Leichhardt is the lower entry point at $2,200,000 median, 8% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.
For investors
Leichhardt carries both higher gross yield (2.62% vs 2.49%) and stronger 12-month growth. On the headline numbers, it's the cleaner investor case of the two.
For families
Stanmore edges out on average school ICSEA (1118 vs 1115).

Leichhardt vs Stanmore: common questions

Is Leichhardt or Stanmore cheaper to buy in?

Leichhardt has the lower median house price at $2,200,000, roughly 8% below Stanmore ($2,400,000). The gap on units is usually similar but worth checking on the full suburb profiles.

Which has stronger property growth, Leichhardt or Stanmore?

Over the past 12 months, Leichhardt grew +11.7% vs +5.3% in Stanmore, a gap of 6.4 percentage points. Twelve-month growth can swing year to year, so weight long-run trends from the individual suburb profiles before making a buy decision.

Does Leichhardt or Stanmore have better schools?

On average school ICSEA (the ACARA index that benchmarks educational advantage), Stanmore scores 1118 vs 1115 in Leichhardt. ICSEA is a school-community indicator, not a quality rating, so always check NAPLAN results and catchment boundaries for the specific address you're considering.

Which suburb has higher rental yield, Leichhardt or Stanmore?

Gross rental yield on houses is 2.62% in Leichhardt vs 2.49% in Stanmore. Gross yield equals annual rent divided by purchase price. Net yield (after strata, rates, insurance, agent fees and maintenance) typically runs 1.5-2 percentage points lower.