Brightwaters vs Yarrawonga Park
Yarrawonga Park (median $735,000) is roughly 32% cheaper to buy into than Brightwaters ($1,085,000).
Buying in Brightwaters or Yarrawonga Park?
Selling in Brightwaters? The free selling guide
Brightwaters and Yarrawonga Park side by side
| Measure | Brightwaters | Yarrawonga Park |
|---|---|---|
| Price and market | ||
| Median house | $1,085,000 | $735,000 |
| Median unit | $278,640 | $278,640 |
| House price change, 12 months | – | +8.9% |
| Renting | ||
| House rent | $695/wk | $695/wk |
| Owner occupied | 80.0% | 75.0% |
| Renter occupied | 20.0% | 20.0% |
| Schools | ||
| Schools nearby | 20 | 20 |
| Average ICSEA | 968 | 988 |
| Lifestyle and people | ||
| Walk score | 0 | 0 |
| Transit score | 0 | 0 |
| Bike score | 25 | 25 |
| Population | 875 | 390 |
| Median age | 50 | 46 |
| Climate | ||
| Annual rainfall | 1116 mm | 1116 mm |
| Mean max, January | 27.9°C | 27.9°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 Yarrawonga Park (988) sits above Brightwaters (968).
- For buyers
- Yarrawonga Park is the lower entry point at $735,000 median, 32% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.
- For investors
- Yarrawonga Park offers the higher gross rental yield (4.92% vs 3.33%), favouring cash-flow investors.
- For families
- Yarrawonga Park edges out on average school ICSEA (988 vs 968).
Brightwaters vs Yarrawonga Park: common questions
Is Brightwaters or Yarrawonga Park cheaper to buy in?
Yarrawonga Park has the lower median house price at $735,000, roughly 32% below Brightwaters ($1,085,000). The gap on units is usually similar but worth checking on the full suburb profiles.
Does Brightwaters or Yarrawonga Park have better schools?
On average school ICSEA (the ACARA index that benchmarks educational advantage), Yarrawonga Park scores 988 vs 968 in Brightwaters. 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, Brightwaters or Yarrawonga Park?
Gross rental yield on houses is 4.92% in Yarrawonga Park vs 3.33% in Brightwaters. 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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