Flinders Park vs Underdale

Underdale (median $1,280,000) is roughly 2% cheaper to buy into than Flinders Park ($1,300,000).

Buying in Flinders Park or Underdale?

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Flinders Park and Underdale side by side

MeasureFlinders ParkUnderdale
Price and market
Median house$1,300,000$1,280,000
Median unit$287,280$285,120
House price change, 12 months–+6.7%
Renting
House rent$625/wk$620/wk
Unit rent$470/wk$490/wk
Owner occupied72.0%59.0%
Renter occupied25.0%36.0%
Schools
Schools nearby2020
Average ICSEA10231033
Lifestyle and people
Walk score228
Transit score00
Bike score100100
Population5,4892,429
Median age3938
Climate
Annual rainfall438 mm438 mm
Mean max, January29.5°C29.5°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

Flinders Park scores higher on walkability (22/100 vs 8/100 ), useful if you're optimising for a car-light household. On school quality, the average ICSEA across schools serving Underdale (1033) sits above Flinders Park (1023). Flinders Park skews owner-occupied (72%), Underdale runs more rental-dense (59% owner).

For buyers
Underdale is the lower entry point at $1,280,000 median, 2% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.
For investors
Underdale offers the higher gross rental yield (2.52% vs 2.50%), favouring cash-flow investors.
For families
Underdale edges out on average school ICSEA (1033 vs 1023). Flinders Park also has a higher family-household share (73% vs 62%), so the catchment community skews family-heavy.

Flinders Park vs Underdale: common questions

Is Flinders Park or Underdale cheaper to buy in?

Underdale has the lower median house price at $1,280,000, roughly 2% below Flinders Park ($1,300,000). The gap on units is usually similar but worth checking on the full suburb profiles.

Does Flinders Park or Underdale have better schools?

On average school ICSEA (the ACARA index that benchmarks educational advantage), Underdale scores 1033 vs 1023 in Flinders 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 is more walkable, Flinders Park or Underdale?

Flinders Park scores 22/100 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, Flinders Park or Underdale?

Gross rental yield on houses is 2.52% in Underdale vs 2.50% in Flinders 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.