Side by sideSuburb comparison

Burra vs Tralee.

Comparing two suburbs with median house prices of $1,460,000 and $835,000. Tralee edges out on more headline metrics in this comparison.

Tralee (median $835,000) is roughly 75% cheaper to buy into than Burra ($1,460,000). Over the past year, Burra (+17.7%) ran 12.0 percentage points ahead of Tralee (+5.7%) on house-price growth.

On school quality, the average ICSEA across schools serving Tralee (1045) sits above Burra (1027).

The takeWhich suburb suits which buyer

For buyers

Tralee is the lower entry point at $835,000 median, 75% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.

For investors

Investors face a yield-versus-growth split: Tralee delivers the better gross yield (4.33% vs 2.48%), but Burra has run faster on capital growth this year. The right pick depends on whether you're optimising for cash flow or capital appreciation.

For families

Tralee edges out on average school ICSEA (1045 vs 1027).

Common questionsBurra vs Tralee

Common questions

Is Burra or Tralee cheaper to buy in?

Tralee has the lower median house price at $835,000, roughly 75% below Burra ($1,460,000). The gap on units is usually similar but worth checking on the full suburb profiles.

Which has stronger property growth, Burra or Tralee?

Over the past 12 months, Burra grew +17.7% vs +5.7% in Tralee, a gap of 12.0 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 Burra or Tralee have better schools?

On average school ICSEA (the ACARA index that benchmarks educational advantage), Tralee scores 1045 vs 1027 in Burra. 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, Burra or Tralee?

Gross rental yield on houses is 4.33% in Tralee vs 2.48% in Burra. 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

Burra
Metric
Tralee

Price & Market

$1,460,000
Median house
$835,000
Median unit
+17.7%
Annual growth (house)
+5.7%
Days on market

Rental

$695/wk
Rent (house / wk)
$695/wk
$433/wk
Rent (unit / wk)
$433/wk
Owner occupied
Renter occupied

Lifestyle & Demographics

0
Walk score
0
0
Transit score
0
0
Bike score
100
Population
Median age
32

Risk & Hazard

Flood class
Bushfire risk

Schools

20
Schools nearby
20
1027
Avg ICSEA
1045

Climate

Annual rainfall
Mean max (Jan)

Green dot = better on that metric (lower price, higher growth, higher walkability, lower risk).