Felixstow vs Payneham
Felixstow (median $1,304,000) is roughly 28% cheaper to buy into than Payneham ($1,800,000).
Buying in Felixstow or Payneham?
Selling in Felixstow? The free selling guide
Felixstow and Payneham side by side
| Measure | Felixstow | Payneham |
|---|---|---|
| Price and market | ||
| Median house | $1,304,000 | $1,800,000 |
| Median unit | $289,440 | $289,440 |
| House price change, 12 months | +11.7% | – |
| Renting | ||
| House rent | $720/wk | $650/wk |
| Unit rent | $780/wk | $577/wk |
| Owner occupied | 64.0% | 54.0% |
| Renter occupied | 32.0% | 39.0% |
| Schools | ||
| Schools nearby | 20 | 20 |
| Average ICSEA | 1083 | 1098 |
| Lifestyle and people | ||
| Walk score | 16 | 22 |
| Transit score | 0 | 0 |
| Bike score | 100 | 100 |
| Population | 2,477 | 2,438 |
| Median age | 42 | 38 |
| Climate | ||
| Annual rainfall | 535 mm | 535 mm |
| Mean max, January | 29.8°C | 29.8°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
Payneham scores higher on walkability (16/100 vs 22/100 ), useful if you're optimising for a car-light household. On school quality, the average ICSEA across schools serving Payneham (1098) sits above Felixstow (1083). Felixstow skews owner-occupied (64%), Payneham runs more rental-dense (54% owner).
- For buyers
- Felixstow is the lower entry point at $1,304,000 median, 28% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.
- For investors
- Felixstow offers the higher gross rental yield (2.87% vs 1.88%), favouring cash-flow investors.
- For families
- Payneham edges out on average school ICSEA (1098 vs 1083).
Felixstow vs Payneham: common questions
Is Felixstow or Payneham cheaper to buy in?
Felixstow has the lower median house price at $1,304,000, roughly 28% below Payneham ($1,800,000). The gap on units is usually similar but worth checking on the full suburb profiles.
Does Felixstow or Payneham have better schools?
On average school ICSEA (the ACARA index that benchmarks educational advantage), Payneham scores 1098 vs 1083 in Felixstow. 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, Felixstow or Payneham?
Payneham scores 22/100 on walkability vs 16/100. 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, Felixstow or Payneham?
Gross rental yield on houses is 2.87% in Felixstow vs 1.88% in Payneham. 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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