Burra vs Tralee

Tralee (median $835,000) is roughly 43% 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.

Buying in Burra or Tralee?

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Burra and Tralee side by side

MeasureBurraTralee
Price and market
Median house$1,460,000$835,000
House price change, 12 months+17.7%+5.7%
Renting
House rent$695/wk$695/wk
Unit rent$433/wk$433/wk
Schools
Schools nearby2020
Average ICSEA10271045
Lifestyle and people
Walk score00
Transit score00
Bike score0100
Median age–32
Climate
Annual rainfall660 mm629 mm
Mean max, January27.0°C28.6°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 Tralee (1045) sits above Burra (1027).

For buyers
Tralee is the lower entry point at $835,000 median, 43% 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).

Burra vs Tralee: common questions

Is Burra or Tralee cheaper to buy in?

Tralee has the lower median house price at $835,000, roughly 43% 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.