Farrer vs Wanniassa

Wanniassa (median $880,000) is roughly 26% cheaper to buy into than Farrer ($1,186,000).

Buying in Farrer or Wanniassa?

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Farrer and Wanniassa side by side

MeasureFarrerWanniassa
Price and market
Median house$1,186,000$880,000
Median unit$600,000$507,500
Renting
House rent$440/wk$400/wk
Unit rent$450/wk$400/wk
Owner occupied74.0%77.0%
Renter occupied16.0%21.0%
Schools
Schools nearby2020
Average ICSEA10831043
Lifestyle and people
Walk score814
Transit score80100
Bike score100100
Population3,7877,885
Median age4339
Climate
Annual rainfall648 mm648 mm
Mean max, January28.8°C28.8°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

Wanniassa scores higher on walkability (8/100 vs 14/100 ), useful if you're optimising for a car-light household. On school quality, the average ICSEA across schools serving Farrer (1083) sits above Wanniassa (1043).

For buyers
Wanniassa is the lower entry point at $880,000 median, 26% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.
For investors
Wanniassa offers the higher gross rental yield (2.36% vs 1.93%), favouring cash-flow investors.
For families
Farrer edges out on average school ICSEA (1083 vs 1043).

Farrer vs Wanniassa: common questions

Is Farrer or Wanniassa cheaper to buy in?

Wanniassa has the lower median house price at $880,000, roughly 26% below Farrer ($1,186,000). The gap on units is usually similar but worth checking on the full suburb profiles.

Does Farrer or Wanniassa have better schools?

On average school ICSEA (the ACARA index that benchmarks educational advantage), Farrer scores 1083 vs 1043 in Wanniassa. 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, Farrer or Wanniassa?

Wanniassa scores 14/100 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, Farrer or Wanniassa?

Gross rental yield on houses is 2.36% in Wanniassa vs 1.93% in Farrer. 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.