Canada Bay vs Five Dock
Five Dock (median $2,800,000) is roughly 5% cheaper to buy into than Canada Bay ($2,932,500). Over the past year, Canada Bay (+10.7%) ran 3.8 percentage points ahead of Five Dock (+6.9%) on house-price growth.
Buying in Canada Bay or Five Dock?
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Canada Bay and Five Dock side by side
| Measure | Canada Bay | Five Dock |
|---|---|---|
| Price and market | ||
| Median house | $2,932,500 | $2,800,000 |
| Median unit | $477,360 | $477,360 |
| House price change, 12 months | +10.7% | +6.9% |
| Renting | ||
| House rent | $1300/wk | $1300/wk |
| Unit rent | $800/wk | $800/wk |
| Owner occupied | 67.0% | 61.0% |
| Renter occupied | 33.0% | 37.0% |
| Schools | ||
| Schools nearby | 20 | 20 |
| Average ICSEA | 1100 | 1097 |
| Lifestyle and people | ||
| Walk score | 40 | 100 |
| Transit score | 0 | 30 |
| Bike score | 100 | 100 |
| Population | 1,308 | 9,823 |
| Median age | 40 | 41 |
| Climate | ||
| Annual rainfall | 981 mm | 1036 mm |
| Mean max, January | 28.3°C | 27.7°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
Five Dock scores higher on walkability (40/100 vs 100/100 ), useful if you're optimising for a car-light household. On school quality, the average ICSEA across schools serving Canada Bay (1100) sits above Five Dock (1097).
- For buyers
- Five Dock is the lower entry point at $2,800,000 median, 5% 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: Five Dock delivers the better gross yield (2.41% vs 2.31%), but Canada Bay 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
- Canada Bay edges out on average school ICSEA (1100 vs 1097).
Canada Bay vs Five Dock: common questions
Is Canada Bay or Five Dock cheaper to buy in?
Five Dock has the lower median house price at $2,800,000, roughly 5% below Canada Bay ($2,932,500). The gap on units is usually similar but worth checking on the full suburb profiles.
Which has stronger property growth, Canada Bay or Five Dock?
Over the past 12 months, Canada Bay grew +10.7% vs +6.9% in Five Dock, a gap of 3.8 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 Canada Bay or Five Dock have better schools?
On average school ICSEA (the ACARA index that benchmarks educational advantage), Canada Bay scores 1100 vs 1097 in Five Dock. 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, Canada Bay or Five Dock?
Five Dock 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, Canada Bay or Five Dock?
Gross rental yield on houses is 2.41% in Five Dock vs 2.31% in Canada Bay. 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.
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