College Park vs Stepney.
Comparing two suburbs with median house prices of $3,000,000 and $1,650,000. Stepney edges out on more headline metrics in this comparison.
Stepney (median $1,650,000) is roughly 82% cheaper to buy into than College Park ($3,000,000).
On school quality, the average ICSEA across schools serving Stepney (1119) sits above College Park (1110).
For buyers
Stepney is the lower entry point at $1,650,000 median, 82% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.
For investors
Stepney offers the higher gross rental yield (2.46% vs 2.17%), favouring cash-flow investors.
For families
Stepney edges out on average school ICSEA (1119 vs 1110). College Park also has a higher family-household share (73% vs 54%), so the catchment community skews family-heavy.
Common questions
Is College Park or Stepney cheaper to buy in?
Stepney has the lower median house price at $1,650,000, roughly 82% below College Park ($3,000,000). The gap on units is usually similar but worth checking on the full suburb profiles.
Does College Park or Stepney have better schools?
On average school ICSEA (the ACARA index that benchmarks educational advantage), Stepney scores 1119 vs 1110 in College 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, College Park or Stepney?
Gross rental yield on houses is 2.46% in Stepney vs 2.17% in College 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
Price & Market
Rental
Lifestyle & Demographics
Risk & Hazard
Schools
Climate
Green dot = better on that metric (lower price, higher growth, higher walkability, lower risk).
Compare College Park against another suburb