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How to read the Score

The Stonehhart Score is a rank out of 100. A score of 78 means the suburb ranks above 78% of the suburbs we score in its state, so the strongest suburbs in each state score close to 100.

Behind the rank is a split. We weigh how hard people are pushing to get into a suburb (demand) against how easily it can answer them with more homes (supply), and show each as a share of the total. 65% demand and 35% supply means demand is nearly twice supply, and 50/50 is balance. The bands are set on the split, not the rank. A growth corridor with plenty of land to build on can rank low because that land exists, and still be a perfectly good place to live.

  • Meets our criteria 60 to 100% demand demand at least 1.5× supply

    Demand is running at least half again ahead of supply on the factors we can measure.

  • Worth a closer look 55 to 60% demand demand about 1.2–1.5× supply

    Demand is clearly ahead of supply, with specific areas that warrant investigation.

  • Watch 50 to 55% demand demand marginally ahead of supply

    Demand is ahead of supply, but only narrowly. We would want to see movement before considering it.

  • Below our threshold 0 to 50% demand supply ahead of demand

    Supply is running ahead of demand. Does not currently meet the criteria we apply for client recommendations.

What this is, and is not

The Stonehhart Score is general information, not financial advice.

It is prepared without knowing anything about your objectives, financial situation or needs. It is not financial, investment, legal or taxation advice, it is not a recommendation to buy, sell or hold any property, and it is not tailored to you. Stonehhart does not deal in financial products and does not hold an Australian Financial Services Licence. Before acting, consider whether the information is appropriate for your circumstances and obtain your own independent legal, financial and taxation advice.

It is our own score, produced by our own method.

The Stonehhart Score is an in-house assessment. It reflects how we read the information we have gathered, using our own model and our own weightings, both of which we may change. It is our opinion, not an industry standard, not an official rating, and not a statement of objective fact about a suburb. Another analyst applying different factors or different weightings would reasonably reach a different number.

We cannot promise the data is accurate or current.

We compile the Score from public sources and take reasonable care to use the most recent data available to us and to state the date of each input. Data is nonetheless sometimes incomplete or inaccurate at source, and is revised, superseded or withdrawn by its publisher after we have used it. We do not warrant that the Score or any data behind it is accurate, complete or current, and to the maximum extent the law allows we are not liable for loss arising from any error, omission or change in it. Nothing here affects rights you have under the Australian Consumer Law that cannot be excluded.

It scores a suburb, never a property.

Two houses in the same street can differ enormously in value and risk. Construction quality, land-to-asset ratio, orientation, floor plan and body corporate health are assessed per property and are not part of this score. A suburb score is a shortlist filter, not a verdict on any home.

It is built on part of our model, and it says which part.

The Score reflects the location, financial and risk factors of our 24-factor selection model that we can measure from published data. Every score states how many of the 24 factors it was built from and the date each input was current. Where we hold too little data to be confident, we say so and withhold the assessment rather than estimate it.

Figures are not comparable between states.

Inputs come from the Australian Bureau of Statistics, state police services and other public sources, each with its own reference date, definitions and collection method. Crime in particular is counted differently by every state and territory, so a suburb in one state cannot be ranked against a suburb in another on that measure. Compare within a state, not across a border.

Past patterns do not predict future results.

Property values can fall as well as rise. Nothing in the Score is a forecast, a projection, or a guarantee of any outcome, return or capital growth.

Version 2026-08-11.1. Data as at 2026-09-27. This summary sits alongside our Terms of Use and Privacy Policy, which apply in full.

Our Vision

A generation of informed property investors building lasting wealth across Australia.


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