Coconut Grove vs Rapid Creek
Coconut Grove (median $645,000) is roughly 19% cheaper to buy into than Rapid Creek ($800,000).
Buying in Coconut Grove or Rapid Creek?
Selling in Coconut Grove? The free selling guide
Coconut Grove and Rapid Creek side by side
| Measure | Coconut Grove | Rapid Creek |
|---|---|---|
| Price and market | ||
| Median house | $645,000 | $800,000 |
| Median unit | $355,000 | $408,000 |
| Renting | ||
| House rent | $345/wk | $345/wk |
| Unit rent | $300/wk | $350/wk |
| Owner occupied | 36.0% | 42.0% |
| Renter occupied | 61.0% | 55.0% |
| Schools | ||
| Schools nearby | 20 | 20 |
| Average ICSEA | 1009 | 985 |
| Lifestyle and people | ||
| Walk score | 28 | 4 |
| Transit score | 0 | 0 |
| Bike score | 100 | 100 |
| Population | 2,892 | 3,261 |
| Median age | 35 | 35 |
| Climate | ||
| Annual rainfall | 1740 mm | 1740 mm |
| Mean max, January | 32.0°C | 32.0°C |
Green dot: better on that measure (lower price, higher growth, higher walkability, lower risk). Each suburb’s profile gives the source and period of its figures.
Which suits whom
Coconut Grove scores higher on walkability (28/100 vs 4/100 ), useful if you're optimising for a car-light household. On school quality, the average ICSEA across schools serving Coconut Grove (1009) sits above Rapid Creek (985).
- For buyers
- Coconut Grove is the lower entry point at $645,000 median, 19% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.
- For investors
- Coconut Grove offers the higher gross rental yield (2.78% vs 2.24%), favouring cash-flow investors.
- For families
- Coconut Grove edges out on average school ICSEA (1009 vs 985).
Coconut Grove vs Rapid Creek: common questions
Is Coconut Grove or Rapid Creek cheaper to buy in?
Coconut Grove has the lower median house price at $645,000, roughly 19% below Rapid Creek ($800,000). The gap on units is usually similar but worth checking on the full suburb profiles.
Does Coconut Grove or Rapid Creek have better schools?
On average school ICSEA (the ACARA index that benchmarks educational advantage), Coconut Grove scores 1009 vs 985 in Rapid Creek. 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, Coconut Grove or Rapid Creek?
Coconut Grove scores 28/100 on walkability vs 4/100. 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, Coconut Grove or Rapid Creek?
Gross rental yield on houses is 2.78% in Coconut Grove vs 2.24% in Rapid Creek. 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.
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The two suburbs
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