Boolambayte vs Nerong

Nerong (median $330,000) is roughly 44% cheaper to buy into than Boolambayte ($586,000).

Buying in Boolambayte or Nerong?

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Boolambayte and Nerong side by side

MeasureBoolambayteNerong
Price and market
Median house$586,000$330,000
Median unit$205,920$205,920
Renting
House rent$550/wk$550/wk
Owner occupied82.0%85.0%
Renter occupied–12.0%
Schools
Schools nearby23
Average ICSEA941939
Lifestyle and people
Walk score00
Transit score00
Bike score00
Population85168
Median age5359
Climate
Annual rainfall1241 mm1271 mm
Mean max, January27.9°C27.9°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 Boolambayte (941) sits above Nerong (939).

For buyers
Nerong is the lower entry point at $330,000 median, 44% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.
For investors
Nerong offers the higher gross rental yield (8.67% vs 4.88%), favouring cash-flow investors.
For families
Boolambayte edges out on average school ICSEA (941 vs 939). Boolambayte also has a higher family-household share (79% vs 67%), so the catchment community skews family-heavy.

Boolambayte vs Nerong: common questions

Is Boolambayte or Nerong cheaper to buy in?

Nerong has the lower median house price at $330,000, roughly 44% below Boolambayte ($586,000). The gap on units is usually similar but worth checking on the full suburb profiles.

Does Boolambayte or Nerong have better schools?

On average school ICSEA (the ACARA index that benchmarks educational advantage), Boolambayte scores 941 vs 939 in Nerong. 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, Boolambayte or Nerong?

Gross rental yield on houses is 8.67% in Nerong vs 4.88% in Boolambayte. 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.