Carnegie vs Ormond.
Comparing two suburbs with median house prices of $1,810,000 and $1,575,000. Ormond edges out on more headline metrics in this comparison.
Ormond (median $1,575,000) is roughly 15% cheaper to buy into than Carnegie ($1,810,000).
Carnegie scores higher on walkability (100/100 vs 46/100 ), useful if you're optimising for a car-light household. On school quality, the average ICSEA across schools serving Ormond (1128) sits above Carnegie (1121).
For buyers
Ormond is the lower entry point at $1,575,000 median, 15% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.
For investors
Carnegie offers the higher gross rental yield (1.64% vs 1.52%), favouring cash-flow investors.
For families
Ormond edges out on average school ICSEA (1128 vs 1121).
Common questions
Is Carnegie or Ormond cheaper to buy in?
Ormond has the lower median house price at $1,575,000, roughly 15% below Carnegie ($1,810,000). The gap on units is usually similar but worth checking on the full suburb profiles.
Does Carnegie or Ormond have better schools?
On average school ICSEA (the ACARA index that benchmarks educational advantage), Ormond scores 1128 vs 1121 in Carnegie. 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, Carnegie or Ormond?
Carnegie scores 100/100 on walkability vs 46/100. 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, Carnegie or Ormond?
Gross rental yield on houses is 1.64% in Carnegie vs 1.52% in Ormond. 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).
Compare Carnegie against another suburb