Candelo vs Devils Hole.
Comparing two suburbs with median house prices of $647,500 and $639,000. Candelo edges out on more headline metrics in this comparison.
Devils Hole (median $639,000) is roughly 1% cheaper to buy into than Candelo ($647,500). Over the past year, Candelo (+3.6%) ran 3.6 percentage points ahead of Devils Hole (0%) on house-price growth.
Candelo scores higher on walkability (20/100 vs 0/100 ), useful if you're optimising for a car-light household. On school quality, the average ICSEA across schools serving Candelo (979) sits above Devils Hole (977). Devils Hole skews owner-occupied (100%), Candelo runs more rental-dense (79% owner).
For buyers
Devils Hole is the lower entry point at $639,000 median, 1% 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: Devils Hole delivers the better gross yield (2.44% vs 2.41%), but Candelo 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
Candelo edges out on average school ICSEA (979 vs 977). Candelo also has a higher family-household share (71% vs 38%), so the catchment community skews family-heavy.
Common questions
Is Candelo or Devils Hole cheaper to buy in?
Devils Hole has the lower median house price at $639,000, roughly 1% below Candelo ($647,500). The gap on units is usually similar but worth checking on the full suburb profiles.
Which has stronger property growth, Candelo or Devils Hole?
Over the past 12 months, Candelo grew +3.6% vs 0% in Devils Hole, a gap of 3.6 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 Candelo or Devils Hole have better schools?
On average school ICSEA (the ACARA index that benchmarks educational advantage), Candelo scores 979 vs 977 in Devils Hole. 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, Candelo or Devils Hole?
Candelo scores 20/100 on walkability vs 0/100. 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, Candelo or Devils Hole?
Gross rental yield on houses is 2.44% in Devils Hole vs 2.41% in Candelo. 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).
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