Blackwall vs Phegans Bay
Phegans Bay (median $1,055,000) is roughly 16% cheaper to buy into than Blackwall ($1,250,000). Over the past year, Phegans Bay (-4.1%) ran 7.1 percentage points ahead of Blackwall (-11.2%) on house-price growth.
Buying in Blackwall or Phegans Bay?
Selling in Blackwall? The free selling guide
Blackwall and Phegans Bay side by side
| Measure | Blackwall | Phegans Bay |
|---|---|---|
| Price and market | ||
| Median house | $1,250,000 | $1,055,000 |
| Median unit | $316,800 | $316,800 |
| House price change, 12 months | -11.2% | -4.1% |
| Renting | ||
| House rent | $650/wk | $650/wk |
| Unit rent | $498/wk | $498/wk |
| Owner occupied | 66.0% | 82.0% |
| Renter occupied | 31.0% | 17.0% |
| Schools | ||
| Schools nearby | 20 | 20 |
| Average ICSEA | 1033 | 1032 |
| Lifestyle and people | ||
| Walk score | 6 | 0 |
| Transit score | 0 | 0 |
| Bike score | 100 | 40 |
| Population | 1,941 | 406 |
| Median age | 45 | 48 |
| Climate | ||
| Annual rainfall | 1209 mm | 1173 mm |
| Mean max, January | 27.4°C | 27.5°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
Blackwall scores higher on walkability (6/100 vs 0/100 ), useful if you're optimising for a car-light household. On school quality, the average ICSEA across schools serving Blackwall (1033) sits above Phegans Bay (1032). Phegans Bay skews owner-occupied (82%), Blackwall runs more rental-dense (66% owner).
- For buyers
- Phegans Bay is the lower entry point at $1,055,000 median, 16% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.
- For investors
- Phegans Bay carries both higher gross yield (3.20% vs 2.70%) and stronger 12-month growth. On the headline numbers, it's the cleaner investor case of the two.
- For families
- Blackwall edges out on average school ICSEA (1033 vs 1032).
Blackwall vs Phegans Bay: common questions
Is Blackwall or Phegans Bay cheaper to buy in?
Phegans Bay has the lower median house price at $1,055,000, roughly 16% below Blackwall ($1,250,000). The gap on units is usually similar but worth checking on the full suburb profiles.
Which has stronger property growth, Blackwall or Phegans Bay?
Over the past 12 months, Phegans Bay grew -4.1% vs -11.2% in Blackwall, a gap of 7.1 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 Blackwall or Phegans Bay have better schools?
On average school ICSEA (the ACARA index that benchmarks educational advantage), Blackwall scores 1033 vs 1032 in Phegans Bay. 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, Blackwall or Phegans Bay?
Blackwall scores 6/100 on walkability vs 0/100. 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, Blackwall or Phegans Bay?
Gross rental yield on houses is 3.20% in Phegans Bay vs 2.70% in Blackwall. 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
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