Side by sideSuburb comparison

Hamilton Hill vs Spearwood.

Comparing two suburbs with median house prices of $760,000 and $700,000. Hamilton Hill edges out on more headline metrics in this comparison.

Spearwood (median $700,000) is roughly 9% cheaper to buy into than Hamilton Hill ($760,000).

Hamilton Hill scores higher on walkability (18/100 vs 10/100 ), useful if you're optimising for a car-light household. On school quality, the average ICSEA across schools serving Hamilton Hill (1020) sits above Spearwood (1017).

The takeWhich suburb suits which buyer

For buyers

Spearwood is the lower entry point at $700,000 median, 9% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.

For investors

Spearwood offers the higher gross rental yield (2.60% vs 2.39%), favouring cash-flow investors.

For families

Hamilton Hill edges out on average school ICSEA (1020 vs 1017).

Common questionsHamilton Hill vs Spearwood

Common questions

Is Hamilton Hill or Spearwood cheaper to buy in?

Spearwood has the lower median house price at $700,000, roughly 9% below Hamilton Hill ($760,000). The gap on units is usually similar but worth checking on the full suburb profiles.

Does Hamilton Hill or Spearwood have better schools?

On average school ICSEA (the ACARA index that benchmarks educational advantage), Hamilton Hill scores 1020 vs 1017 in Spearwood. 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, Hamilton Hill or Spearwood?

Hamilton Hill scores 18/100 on walkability vs 10/100. 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, Hamilton Hill or Spearwood?

Gross rental yield on houses is 2.60% in Spearwood vs 2.39% in Hamilton Hill. 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

Hamilton Hill
Metric
Spearwood

Price & Market

$760,000
Median house
$700,000
$458,250
Median unit
$395,000
+0.0%
Annual growth (house)
+0.0%
Days on market

Rental

$350/wk
Rent (house / wk)
$350/wk
$320/wk
Rent (unit / wk)
$350/wk
62.0%
Owner occupied
69.0%
36.0%
Renter occupied
29.0%

Lifestyle & Demographics

18
Walk score
10
0
Transit score
30
100
Bike score
100
11,327
Population
10,944
39
Median age
41

Risk & Hazard

Flood class
Bushfire risk

Schools

20
Schools nearby
20
1020
Avg ICSEA
1017

Climate

777 mm
Annual rainfall
777 mm
31.7°C
Mean max (Jan)
31.7°C

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