Side by sideSuburb comparison

Barwon Heads vs Ocean Grove.

Comparing two suburbs with median house prices of $1,455,000 and $960,000. Ocean Grove edges out on more headline metrics in this comparison.

Ocean Grove (median $960,000) is roughly 52% cheaper to buy into than Barwon Heads ($1,455,000).

Barwon Heads scores higher on walkability (24/100 vs 16/100 ), useful if you're optimising for a car-light household. On school quality, the average ICSEA across schools serving Ocean Grove (1074) sits above Barwon Heads (1073).

The takeWhich suburb suits which buyer

For buyers

Ocean Grove is the lower entry point at $960,000 median, 52% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.

For investors

Ocean Grove offers the higher gross rental yield (2.98% vs 1.97%), favouring cash-flow investors.

For families

Ocean Grove edges out on average school ICSEA (1074 vs 1073).

Common questionsBarwon Heads vs Ocean Grove

Common questions

Is Barwon Heads or Ocean Grove cheaper to buy in?

Ocean Grove has the lower median house price at $960,000, roughly 52% below Barwon Heads ($1,455,000). The gap on units is usually similar but worth checking on the full suburb profiles.

Does Barwon Heads or Ocean Grove have better schools?

On average school ICSEA (the ACARA index that benchmarks educational advantage), Ocean Grove scores 1074 vs 1073 in Barwon Heads. 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, Barwon Heads or Ocean Grove?

Barwon Heads scores 24/100 on walkability vs 16/100. 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, Barwon Heads or Ocean Grove?

Gross rental yield on houses is 2.98% in Ocean Grove vs 1.97% in Barwon Heads. 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

Barwon Heads
Metric
Ocean Grove

Price & Market

$1,455,000
Median house
$960,000
$889,000
Median unit
$847,000
+0.0%
Annual growth (house)
+0.0%
Days on market

Rental

$550/wk
Rent (house / wk)
$550/wk
$468/wk
Rent (unit / wk)
$468/wk
82.0%
Owner occupied
78.0%
16.0%
Renter occupied
18.0%

Lifestyle & Demographics

24
Walk score
16
0
Transit score
10
60
Bike score
20
4,353
Population
17,714
46
Median age
43

Risk & Hazard

Flood class
Bushfire risk

Schools

6
Schools nearby
9
1073
Avg ICSEA
1074

Climate

612 mm
Annual rainfall
612 mm
25.3°C
Mean max (Jan)
25.3°C

Green dot = better on that metric (lower price, higher growth, higher walkability, lower risk).