Bolwarra vs Oakhampton
Bolwarra (median $955,000) is roughly 79% cheaper to buy into than Oakhampton ($4,650,000).
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Bolwarra and Oakhampton side by side
| Measure | Bolwarra | Oakhampton |
|---|---|---|
| Price and market | ||
| Median house | $955,000 | $4,650,000 |
| Median unit | $293,040 | $293,040 |
| House price change, 12 months | +1.1% | – |
| Renting | ||
| House rent | $640/wk | $640/wk |
| Unit rent | $495/wk | $495/wk |
| Owner occupied | 85.0% | 62.0% |
| Renter occupied | 13.0% | 7.0% |
| Schools | ||
| Schools nearby | 20 | 20 |
| Average ICSEA | 984 | 983 |
| Lifestyle and people | ||
| Walk score | 0 | 0 |
| Transit score | 0 | 0 |
| Bike score | 10 | 20 |
| Population | 1,350 | 165 |
| Median age | 41 | 68 |
| Climate | ||
| Annual rainfall | 851 mm | 799 mm |
| Mean max, January | 30.3°C | 30.5°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
On school quality, the average ICSEA across schools serving Bolwarra (984) sits above Oakhampton (983). Bolwarra skews owner-occupied (85%), Oakhampton runs more rental-dense (62% owner).
- For buyers
- Bolwarra is the lower entry point at $955,000 median, 79% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.
- For investors
- Bolwarra offers the higher gross rental yield (3.48% vs 0.72%), favouring cash-flow investors.
- For families
- Bolwarra edges out on average school ICSEA (984 vs 983). Bolwarra also has a higher family-household share (81% vs 64%), so the catchment community skews family-heavy.
Bolwarra vs Oakhampton: common questions
Is Bolwarra or Oakhampton cheaper to buy in?
Bolwarra has the lower median house price at $955,000, roughly 79% below Oakhampton ($4,650,000). The gap on units is usually similar but worth checking on the full suburb profiles.
Does Bolwarra or Oakhampton have better schools?
On average school ICSEA (the ACARA index that benchmarks educational advantage), Bolwarra scores 984 vs 983 in Oakhampton. 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, Bolwarra or Oakhampton?
Gross rental yield on houses is 3.48% in Bolwarra vs 0.72% in Oakhampton. 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.
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