Side by sideSuburb comparison

Centennial Park vs Queens Park.

Comparing two suburbs with median house prices of $9,500,000 and $3,686,000. Centennial Park edges out on more headline metrics in this comparison.

Queens Park (median $3,686,000) is roughly 158% cheaper to buy into than Centennial Park ($9,500,000). Over the past year, Centennial Park (0%) ran 18.1 percentage points ahead of Queens Park (-18.1%) on house-price growth.

On school quality, the average ICSEA across schools serving Centennial Park (1158) sits above Queens Park (1152). Queens Park skews owner-occupied (69%), Centennial Park runs more rental-dense (43% owner).

The takeWhich suburb suits which buyer

For buyers

Queens Park is the lower entry point at $3,686,000 median, 158% 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: Queens Park delivers the better gross yield (2.39% vs 0.82%), but Centennial Park 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

Centennial Park edges out on average school ICSEA (1158 vs 1152). Queens Park also has a higher family-household share (71% vs 47%), so the catchment community skews family-heavy.

Common questionsCentennial Park vs Queens Park

Common questions

Is Centennial Park or Queens Park cheaper to buy in?

Queens Park has the lower median house price at $3,686,000, roughly 158% below Centennial Park ($9,500,000). The gap on units is usually similar but worth checking on the full suburb profiles.

Which has stronger property growth, Centennial Park or Queens Park?

Over the past 12 months, Centennial Park grew 0% vs -18.1% in Queens Park, a gap of 18.1 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 Centennial Park or Queens Park have better schools?

On average school ICSEA (the ACARA index that benchmarks educational advantage), Centennial Park scores 1158 vs 1152 in Queens Park. 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, Centennial Park or Queens Park?

Gross rental yield on houses is 2.39% in Queens Park vs 0.82% in Centennial Park. 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

Centennial Park
Metric
Queens Park

Price & Market

$9,500,000
Median house
$3,686,000
$609,840
Median unit
$549,360
+0.0%
Annual growth (house)
-18.1%
Days on market

Rental

$1500/wk
Rent (house / wk)
$1695/wk
$748/wk
Rent (unit / wk)
$960/wk
43.0%
Owner occupied
69.0%
55.0%
Renter occupied
29.0%

Lifestyle & Demographics

100
Walk score
100
0
Transit score
0
100
Bike score
100
2,225
Population
3,143
36
Median age
40

Risk & Hazard

Flood class
Bushfire risk

Schools

20
Schools nearby
20
1158
Avg ICSEA
1152

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).