Five Dock vs Wareemba

Five Dock (median $2,800,000) is roughly 5% cheaper to buy into than Wareemba ($2,960,000). Over the past year, Wareemba (+18.9%) ran 12.0 percentage points ahead of Five Dock (+6.9%) on house-price growth.

Buying in Five Dock or Wareemba?

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Five Dock and Wareemba side by side

MeasureFive DockWareemba
Price and market
Median house$2,800,000$2,960,000
Median unit$477,360$477,360
House price change, 12 months+6.9%+18.9%
Renting
House rent$1300/wk$1300/wk
Unit rent$800/wk$800/wk
Owner occupied61.0%68.0%
Renter occupied37.0%28.0%
Schools
Schools nearby2020
Average ICSEA10971106
Lifestyle and people
Walk score10024
Transit score300
Bike score100100
Population9,8231,519
Median age4143
Climate
Annual rainfall1036 mm1036 mm
Mean max, January27.7°C27.7°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

Five Dock scores higher on walkability (100/100 vs 24/100 ), useful if you're optimising for a car-light household. On school quality, the average ICSEA across schools serving Wareemba (1106) sits above Five Dock (1097).

For buyers
Five Dock is the lower entry point at $2,800,000 median, 5% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.
For investors
Investors face a yield-versus-growth split: Five Dock delivers the better gross yield (2.41% vs 2.28%), but Wareemba has run faster on capital growth this year. The right pick depends on whether you're optimising for cash flow or capital appreciation.
For families
Wareemba edges out on average school ICSEA (1106 vs 1097).

Five Dock vs Wareemba: common questions

Is Five Dock or Wareemba cheaper to buy in?

Five Dock has the lower median house price at $2,800,000, roughly 5% below Wareemba ($2,960,000). The gap on units is usually similar but worth checking on the full suburb profiles.

Which has stronger property growth, Five Dock or Wareemba?

Over the past 12 months, Wareemba grew +18.9% vs +6.9% in Five Dock, a gap of 12.0 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.

Does Five Dock or Wareemba have better schools?

On average school ICSEA (the ACARA index that benchmarks educational advantage), Wareemba scores 1106 vs 1097 in Five Dock. 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, Five Dock or Wareemba?

Five Dock scores 100/100 on walkability vs 24/100. 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, Five Dock or Wareemba?

Gross rental yield on houses is 2.41% in Five Dock vs 2.28% in Wareemba. 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.