Bar Point vs Spencer
Spencer (median $650,000) is roughly 4% cheaper to buy into than Bar Point ($680,000).
Buying in Bar Point or Spencer?
Selling in Bar Point? The free selling guide
Bar Point and Spencer side by side
| Measure | Bar Point | Spencer |
|---|---|---|
| Price and market | ||
| Median house | $680,000 | $650,000 |
| Median unit | $362,880 | $266,400 |
| Renting | ||
| House rent | $650/wk | $568/wk |
| Owner occupied | 78.0% | 91.0% |
| Renter occupied | 16.0% | 5.0% |
| Schools | ||
| Schools nearby | 20 | 20 |
| Average ICSEA | 1024 | 1001 |
| Lifestyle and people | ||
| Walk score | 0 | 0 |
| Transit score | 0 | 0 |
| Bike score | 0 | 0 |
| Population | 122 | 288 |
| Median age | 52 | 52 |
| Climate | ||
| Annual rainfall | 1040 mm | 1056 mm |
| Mean max, January | 28.3°C | 28.6°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 Bar Point (1024) sits above Spencer (1001). Spencer skews owner-occupied (91%), Bar Point runs more rental-dense (78% owner).
- For buyers
- Spencer is the lower entry point at $650,000 median, 4% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.
- For investors
- Bar Point offers the higher gross rental yield (4.97% vs 4.54%), favouring cash-flow investors.
- For families
- Bar Point edges out on average school ICSEA (1024 vs 1001).
Bar Point vs Spencer: common questions
Is Bar Point or Spencer cheaper to buy in?
Spencer has the lower median house price at $650,000, roughly 4% below Bar Point ($680,000). The gap on units is usually similar but worth checking on the full suburb profiles.
Does Bar Point or Spencer have better schools?
On average school ICSEA (the ACARA index that benchmarks educational advantage), Bar Point scores 1024 vs 1001 in Spencer. 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, Bar Point or Spencer?
Gross rental yield on houses is 4.97% in Bar Point vs 4.54% in Spencer. 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.
Keep comparing
The two suburbs
Compare Bar Point with
Choosing between Bar Point and Spencer?
The free buying guide: budget, schemes, inspections and how not to overpay.