Side by sideSuburb comparison

Grose Vale vs North Richmond.

Comparing two suburbs with median house prices of $2,030,000 and $1,235,000. North Richmond edges out on more headline metrics in this comparison.

North Richmond (median $1,235,000) is roughly 64% cheaper to buy into than Grose Vale ($2,030,000).

North Richmond scores higher on walkability (0/100 vs 46/100 ), useful if you're optimising for a car-light household. On school quality, the average ICSEA across schools serving Grose Vale (1010) sits above North Richmond (995). Grose Vale skews owner-occupied (92%), North Richmond runs more rental-dense (67% owner).

The takeWhich suburb suits which buyer

For buyers

North Richmond is the lower entry point at $1,235,000 median, 64% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.

For investors

North Richmond offers the higher gross rental yield (2.74% vs 1.74%), favouring cash-flow investors.

For families

Grose Vale edges out on average school ICSEA (1010 vs 995). Grose Vale also has a higher family-household share (86% vs 74%), so the catchment community skews family-heavy.

Common questionsGrose Vale vs North Richmond

Common questions

Is Grose Vale or North Richmond cheaper to buy in?

North Richmond has the lower median house price at $1,235,000, roughly 64% below Grose Vale ($2,030,000). The gap on units is usually similar but worth checking on the full suburb profiles.

Does Grose Vale or North Richmond have better schools?

On average school ICSEA (the ACARA index that benchmarks educational advantage), Grose Vale scores 1010 vs 995 in North Richmond. 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, Grose Vale or North Richmond?

North Richmond scores 46/100 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, Grose Vale or North Richmond?

Gross rental yield on houses is 2.74% in North Richmond vs 1.74% in Grose Vale. 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

Grose Vale
Metric
North Richmond

Price & Market

$2,030,000
Median house
$1,235,000
$343,440
Median unit
$375,840
+0.0%
Annual growth (house)
+0.0%
Days on market

Rental

$680/wk
Rent (house / wk)
$650/wk
$500/wk
Rent (unit / wk)
92.0%
Owner occupied
67.0%
7.0%
Renter occupied
27.0%

Lifestyle & Demographics

0
Walk score
46
0
Transit score
0
30
Bike score
100
1,272
Population
6,358
46
Median age
39

Risk & Hazard

Flood class
Bushfire risk

Schools

16
Schools nearby
20
1010
Avg ICSEA
995

Climate

1302 mm
Annual rainfall
1302 mm
26.0°C
Mean max (Jan)
26.0°C

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