Bungarby vs Boco.
Comparing two suburbs with median house prices of $3,000,000 and $520,000.
Boco (median $520,000) is roughly 477% cheaper to buy into than Bungarby ($3,000,000).
On school quality, the average ICSEA across schools serving Bungarby (953) sits above Boco (944).
For buyers
Boco is the lower entry point at $520,000 median, 477% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.
For investors
Boco offers the higher gross rental yield (2.60% vs 0.50%), favouring cash-flow investors.
For families
Bungarby edges out on average school ICSEA (953 vs 944). Bungarby also has a higher family-household share (59% vs 43%), so the catchment community skews family-heavy.
Common questions
Is Bungarby or Boco cheaper to buy in?
Boco has the lower median house price at $520,000, roughly 477% below Bungarby ($3,000,000). The gap on units is usually similar but worth checking on the full suburb profiles.
Does Bungarby or Boco have better schools?
On average school ICSEA (the ACARA index that benchmarks educational advantage), Bungarby scores 953 vs 944 in Boco. 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, Bungarby or Boco?
Gross rental yield on houses is 2.60% in Boco vs 0.50% in Bungarby. 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
Price & Market
Rental
Lifestyle & Demographics
Risk & Hazard
Schools
Climate
Green dot = better on that metric (lower price, higher growth, higher walkability, lower risk).
Compare Bungarby against another suburb