Side by sideSuburb comparison

Burwood vs Canada Bay.

Comparing two suburbs with median house prices of $3,000,000 and $2,932,500. Canada Bay edges out on more headline metrics in this comparison.

Canada Bay (median $2,932,500) is roughly 2% cheaper to buy into than Burwood ($3,000,000). Over the past year, Canada Bay (+10.7%) ran 15.3 percentage points ahead of Burwood (-4.6%) on house-price growth.

Burwood scores higher on walkability (100/100 vs 40/100 ), useful if you're optimising for a car-light household. On school quality, the average ICSEA across schools serving Canada Bay (1100) sits above Burwood (1094). Canada Bay skews owner-occupied (67%), Burwood runs more rental-dense (37% owner).

The takeWhich suburb suits which buyer

For buyers

Canada Bay is the lower entry point at $2,932,500 median, 2% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.

For investors

Canada Bay carries both higher gross yield (2.31% vs 1.65%) and stronger 12-month growth. On the headline numbers, it's the cleaner investor case of the two.

For families

Canada Bay edges out on average school ICSEA (1100 vs 1094). Canada Bay also has a higher family-household share (78% vs 61%), so the catchment community skews family-heavy.

Common questionsBurwood vs Canada Bay

Common questions

Is Burwood or Canada Bay cheaper to buy in?

Canada Bay has the lower median house price at $2,932,500, roughly 2% below Burwood ($3,000,000). The gap on units is usually similar but worth checking on the full suburb profiles.

Which has stronger property growth, Burwood or Canada Bay?

Over the past 12 months, Canada Bay grew +10.7% vs -4.6% in Burwood, a gap of 15.3 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 Burwood or Canada Bay have better schools?

On average school ICSEA (the ACARA index that benchmarks educational advantage), Canada Bay scores 1100 vs 1094 in Burwood. 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 is more walkable, Burwood or Canada Bay?

Burwood scores 100/100 on walkability vs 40/100. Above 70 is considered very walkable (most errands on foot), 50-69 is walkable for some errands, below 50 typically requires a car for daily life.

Which suburb has higher rental yield, Burwood or Canada Bay?

Gross rental yield on houses is 2.31% in Canada Bay vs 1.65% in Burwood. 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

Burwood
Metric
Canada Bay

Price & Market

$3,000,000
Median house
$2,932,500
$388,080
Median unit
$477,360
-4.6%
Annual growth (house)
+10.7%
Days on market

Rental

$950/wk
Rent (house / wk)
$1300/wk
$830/wk
Rent (unit / wk)
$800/wk
37.0%
Owner occupied
67.0%
59.0%
Renter occupied
33.0%

Lifestyle & Demographics

100
Walk score
40
100
Transit score
0
100
Bike score
100
18,224
Population
1,308
32
Median age
40

Risk & Hazard

Flood class
Bushfire risk

Schools

20
Schools nearby
20
1094
Avg ICSEA
1100

Climate

1302 mm
Annual rainfall
1302 mm
26.0°C
Mean max (Jan)
26.0°C

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