Charmhaven vs Wallarah.
Comparing two suburbs with median house prices of $823,500 and $1,700,000.
Charmhaven (median $823,500) is roughly 52% cheaper to buy into than Wallarah ($1,700,000). Over the past year, Wallarah (+15.3%) ran 6.7 percentage points ahead of Charmhaven (+8.6%) on house-price growth.
Charmhaven scores higher on walkability (4/100 vs 0/100 ), useful if you're optimising for a car-light household. On school quality, the average ICSEA across schools serving Wallarah (947) sits above Charmhaven (943).
For buyers
Charmhaven is the lower entry point at $823,500 median, 52% 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: Charmhaven delivers the better gross yield (3.79% vs 2.14%), but Wallarah 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
Wallarah edges out on average school ICSEA (947 vs 943). Wallarah also has a higher family-household share (85% vs 70%), so the catchment community skews family-heavy.
Common questions
Is Charmhaven or Wallarah cheaper to buy in?
Charmhaven has the lower median house price at $823,500, roughly 52% below Wallarah ($1,700,000). The gap on units is usually similar but worth checking on the full suburb profiles.
Which has stronger property growth, Charmhaven or Wallarah?
Over the past 12 months, Wallarah grew +15.3% vs +8.6% in Charmhaven, a gap of 6.7 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 Charmhaven or Wallarah have better schools?
On average school ICSEA (the ACARA index that benchmarks educational advantage), Wallarah scores 947 vs 943 in Charmhaven. 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, Charmhaven or Wallarah?
Charmhaven scores 4/100 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, Charmhaven or Wallarah?
Gross rental yield on houses is 3.79% in Charmhaven vs 2.14% in Wallarah. 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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