Castlereagh vs Winmalee.
Comparing two suburbs with median house prices of $2,500,000 and $1,025,000. Winmalee edges out on more headline metrics in this comparison.
Winmalee (median $1,025,000) is roughly 144% cheaper to buy into than Castlereagh ($2,500,000). Over the past year, Winmalee (+7%) ran 23.0 percentage points ahead of Castlereagh (-16%) on house-price growth.
On school quality, the average ICSEA across schools serving Winmalee (1047) sits above Castlereagh (1007).
For buyers
Winmalee is the lower entry point at $1,025,000 median, 144% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.
For investors
Winmalee carries both higher gross yield (3.86% vs 1.39%) and stronger 12-month growth. On the headline numbers, it's the cleaner investor case of the two.
For families
Winmalee edges out on average school ICSEA (1047 vs 1007).
Common questions
Is Castlereagh or Winmalee cheaper to buy in?
Winmalee has the lower median house price at $1,025,000, roughly 144% below Castlereagh ($2,500,000). The gap on units is usually similar but worth checking on the full suburb profiles.
Which has stronger property growth, Castlereagh or Winmalee?
Over the past 12 months, Winmalee grew +7% vs -16% in Castlereagh, a gap of 23.0 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 Castlereagh or Winmalee have better schools?
On average school ICSEA (the ACARA index that benchmarks educational advantage), Winmalee scores 1047 vs 1007 in Castlereagh. 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, Castlereagh or Winmalee?
Gross rental yield on houses is 3.86% in Winmalee vs 1.39% in Castlereagh. 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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