Carroll vs Gunnedah.
Comparing two suburbs with median house prices of $235,000 and $535,000. Carroll edges out on more headline metrics in this comparison.
Carroll (median $235,000) is roughly 56% cheaper to buy into than Gunnedah ($535,000). Over the past year, Gunnedah (+16.3%) ran 30.1 percentage points ahead of Carroll (-13.8%) on house-price growth.
Carroll scores higher on walkability (6/100 vs 0/100 ), useful if you're optimising for a car-light household. On school quality, the average ICSEA across schools serving Carroll (916) sits above Gunnedah (904).
For buyers
Carroll is the lower entry point at $235,000 median, 56% 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: Carroll delivers the better gross yield (11.73% vs 5.35%), but Gunnedah 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
Carroll edges out on average school ICSEA (916 vs 904).
Common questions
Is Carroll or Gunnedah cheaper to buy in?
Carroll has the lower median house price at $235,000, roughly 56% below Gunnedah ($535,000). The gap on units is usually similar but worth checking on the full suburb profiles.
Which has stronger property growth, Carroll or Gunnedah?
Over the past 12 months, Gunnedah grew +16.3% vs -13.8% in Carroll, a gap of 30.1 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 Carroll or Gunnedah have better schools?
On average school ICSEA (the ACARA index that benchmarks educational advantage), Carroll scores 916 vs 904 in Gunnedah. 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, Carroll or Gunnedah?
Carroll scores 6/100 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, Carroll or Gunnedah?
Gross rental yield on houses is 11.73% in Carroll vs 5.35% in Gunnedah. 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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