Side by sideSuburb comparison

Carlton vs Allawah.

Comparing two suburbs with median house prices of $1,830,000 and $2,060,000. Allawah edges out on more headline metrics in this comparison.

Carlton (median $1,830,000) is roughly 11% cheaper to buy into than Allawah ($2,060,000). Over the past year, Allawah (+11.8%) ran 9.5 percentage points ahead of Carlton (+2.3%) on house-price growth.

On school quality, the average ICSEA across schools serving Allawah (1085) sits above Carlton (1079).

The takeWhich suburb suits which buyer

For buyers

Carlton is the lower entry point at $1,830,000 median, 11% 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: Carlton delivers the better gross yield (2.42% vs 2.15%), but Allawah 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

Allawah edges out on average school ICSEA (1085 vs 1079).

Common questionsCarlton vs Allawah

Common questions

Is Carlton or Allawah cheaper to buy in?

Carlton has the lower median house price at $1,830,000, roughly 11% below Allawah ($2,060,000). The gap on units is usually similar but worth checking on the full suburb profiles.

Which has stronger property growth, Carlton or Allawah?

Over the past 12 months, Allawah grew +11.8% vs +2.3% in Carlton, a gap of 9.5 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 Carlton or Allawah have better schools?

On average school ICSEA (the ACARA index that benchmarks educational advantage), Allawah scores 1085 vs 1079 in Carlton. 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, Carlton or Allawah?

Gross rental yield on houses is 2.42% in Carlton vs 2.15% in Allawah. 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

Carlton
Metric
Allawah

Price & Market

$1,830,000
Median house
$2,060,000
$343,440
Median unit
$343,440
+2.3%
Annual growth (house)
+11.8%
Days on market

Rental

$850/wk
Rent (house / wk)
$850/wk
$680/wk
Rent (unit / wk)
$680/wk
60.0%
Owner occupied
51.0%
37.0%
Renter occupied
46.0%

Lifestyle & Demographics

100
Walk score
40
Transit score
100
Bike score
10,631
Population
5,351
38
Median age
36

Risk & Hazard

Flood class
Bushfire risk

Schools

20
Schools nearby
20
1079
Avg ICSEA
1085

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).