Side by sideSuburb comparison

Fairview Park vs Redwood Park.

Comparing two suburbs with median house prices of $905,000 and $850,000. Redwood Park edges out on more headline metrics in this comparison.

Redwood Park (median $850,000) is roughly 6% cheaper to buy into than Fairview Park ($905,000). Over the past year, Fairview Park (+15.4%) ran 2.7 percentage points ahead of Redwood Park (+12.7%) on house-price growth.

Redwood Park scores higher on walkability (0/100 vs 22/100 ), useful if you're optimising for a car-light household.

The takeWhich suburb suits which buyer

For buyers

Redwood Park is the lower entry point at $850,000 median, 6% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.

For investors

Fairview Park carries both higher gross yield (3.73% vs 3.67%) and stronger 12-month growth. On the headline numbers, it's the cleaner investor case of the two.

For families

School and household data is too similar between the two to call a winner on family fit. Check the individual profiles for street-level school catchments.

Common questionsFairview Park vs Redwood Park

Common questions

Is Fairview Park or Redwood Park cheaper to buy in?

Redwood Park has the lower median house price at $850,000, roughly 6% below Fairview Park ($905,000). The gap on units is usually similar but worth checking on the full suburb profiles.

Which has stronger property growth, Fairview Park or Redwood Park?

Over the past 12 months, Fairview Park grew +15.4% vs +12.7% in Redwood Park, a gap of 2.7 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.

Which is more walkable, Fairview Park or Redwood Park?

Redwood Park scores 22/100 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, Fairview Park or Redwood Park?

Gross rental yield on houses is 3.73% in Fairview Park vs 3.67% in Redwood 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

Fairview Park
Metric
Redwood Park

Price & Market

$905,000
Median house
$850,000
$240,480
Median unit
$237,600
+15.4%
Annual growth (house)
+12.7%
Days on market

Rental

$650/wk
Rent (house / wk)
$600/wk
$370/wk
Rent (unit / wk)
$350/wk
90.0%
Owner occupied
87.0%
9.0%
Renter occupied
11.0%

Lifestyle & Demographics

0
Walk score
22
0
Transit score
0
10
Bike score
85
3,792
Population
5,367
40
Median age
40

Risk & Hazard

Flood class
Bushfire risk

Schools

20
Schools nearby
20
1035
Avg ICSEA
1035

Climate

448 mm
Annual rainfall
448 mm
27.9°C
Mean max (Jan)
27.9°C

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