Allambie Heights vs Narraweena.
Comparing two suburbs with median house prices of $2,682,500 and $2,475,000.
Narraweena (median $2,475,000) is roughly 8% cheaper to buy into than Allambie Heights ($2,682,500). Over the past year, Narraweena (+10.7%) ran 4.5 percentage points ahead of Allambie Heights (+6.2%) on house-price growth.
Allambie Heights scores higher on walkability (42/100 vs 12/100 ), useful if you're optimising for a car-light household. On school quality, the average ICSEA across schools serving Allambie Heights (1115) sits above Narraweena (1102). Allambie Heights skews owner-occupied (79%), Narraweena runs more rental-dense (60% owner).
For buyers
Narraweena is the lower entry point at $2,475,000 median, 8% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.
For investors
Investors face a yield-versus-growth split: Allambie Heights delivers the better gross yield (2.76% vs 2.42%), but Narraweena has run faster on capital growth this year. The right pick depends on whether you're optimising for cash flow or capital appreciation.
For families
Allambie Heights edges out on average school ICSEA (1115 vs 1102).
Common questions
Is Allambie Heights or Narraweena cheaper to buy in?
Narraweena has the lower median house price at $2,475,000, roughly 8% below Allambie Heights ($2,682,500). The gap on units is usually similar but worth checking on the full suburb profiles.
Which has stronger property growth, Allambie Heights or Narraweena?
Over the past 12 months, Narraweena grew +10.7% vs +6.2% in Allambie Heights, a gap of 4.5 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 Allambie Heights or Narraweena have better schools?
On average school ICSEA (the ACARA index that benchmarks educational advantage), Allambie Heights scores 1115 vs 1102 in Narraweena. 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 is more walkable, Allambie Heights or Narraweena?
Allambie Heights scores 42/100 on walkability vs 12/100. Above 70 is considered very walkable (most errands on foot), 50-69 is walkable for some errands, below 50 typically requires a car for daily life.
Which suburb has higher rental yield, Allambie Heights or Narraweena?
Gross rental yield on houses is 2.76% in Allambie Heights vs 2.42% in Narraweena. 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.
The numbers behind the take
Price & Market
Rental
Lifestyle & Demographics
Risk & Hazard
Schools
Climate
Green dot = better on that metric (lower price, higher growth, higher walkability, lower risk).
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