1 Midland HighwayStanhope VIC 3623
Property Details for 1 Midland Hwy, Stanhope
Last Listing description (August 2021)
The opportunity to purchase "Stanhope Motors", such an iconic piece of real estate doesn't come along very often.
The property features include the original building, workshop, office and a small show room with service counter. It sits on 1123m2 of land with access from the service road and laneway at the rear of the property.
The possibilities are endless with this opportunity and it could be used as a service centre, storage and workshop for a local agricultural contractor, tradesman or a business which would benefit from the endless traffic passing by along the Midland Highway.
Property History for 1 Midland Hwy, Stanhope, VIC 3623
- 02 Aug 2021Sold for $184,500
- 18 Apr 2019Listed for Sale $280,000
- 29 Nov 2014Listed for Sale $535,000
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About Stanhope 3623
The size of Stanhope is approximately 72.2 square kilometres. The population of Stanhope in 2016 was 828 people. By 2021 the population was 826 showing a population decline of 0.2% 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 2021, 78.70% of the homes in Stanhope were owner-occupied compared with 83.00% in 2016.
Stanhope has 502 properties. Over the last 5 years, Houses in Stanhope have seen a 36.94% increase in median value, while Units have seen a 35.57% increase. As at 31 December 2025:
- The median value for Houses in Stanhope is $285,826 while the median value for Units is $293,054.
- Houses have a median rent of $208.
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