Side by sideSuburb comparison

Charnwood vs Fraser.

Comparing two suburbs with median house prices of $715,000 and $960,000. Charnwood edges out on more headline metrics in this comparison.

Charnwood (median $715,000) is roughly 26% cheaper to buy into than Fraser ($960,000).

Charnwood scores higher on walkability (44/100 vs 8/100 ), useful if you're optimising for a car-light household. Fraser skews owner-occupied (89%), Charnwood runs more rental-dense (67% owner).

The takeWhich suburb suits which buyer

For buyers

Charnwood is the lower entry point at $715,000 median, 26% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.

For investors

Charnwood offers the higher gross rental yield (3.05% vs 2.27%), favouring cash-flow investors.

For families

Fraser has a heavier family-household mix (83% vs 69%), which typically signals stronger demand for family-amenable infrastructure (parks, schools, supermarkets).

Common questionsCharnwood vs Fraser

Common questions

Is Charnwood or Fraser cheaper to buy in?

Charnwood has the lower median house price at $715,000, roughly 26% below Fraser ($960,000). The gap on units is usually similar but worth checking on the full suburb profiles.

Which is more walkable, Charnwood or Fraser?

Charnwood scores 44/100 on walkability vs 8/100. 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, Charnwood or Fraser?

Gross rental yield on houses is 3.05% in Charnwood vs 2.27% in Fraser. 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

Charnwood
Metric
Fraser

Price & Market

$715,000
Median house
$960,000
$316,800
Median unit
$316,800
+0.0%
Annual growth (house)
+0.0%
Days on market

Rental

$420/wk
Rent (house / wk)
$420/wk
$380/wk
Rent (unit / wk)
$450/wk
67.0%
Owner occupied
89.0%
31.0%
Renter occupied
10.0%

Lifestyle & Demographics

44
Walk score
8
70
Transit score
100
100
Bike score
100
3,055
Population
2,126
35
Median age
41

Risk & Hazard

Flood class
Bushfire risk

Schools

20
Schools nearby
20
1053
Avg ICSEA
1053

Climate

Annual rainfall
Mean max (Jan)

Green dot = better on that metric (lower price, higher growth, higher walkability, lower risk).