Side by sideSuburb comparison

Hamlyn Terrace vs Lake Haven.

Comparing two suburbs with median house prices of $950,000 and $837,500. Lake Haven edges out on more headline metrics in this comparison.

Lake Haven (median $837,500) is roughly 13% cheaper to buy into than Hamlyn Terrace ($950,000). Over the past year, Lake Haven (+8.8%) ran 3.2 percentage points ahead of Hamlyn Terrace (+5.6%) on house-price growth.

Lake Haven scores higher on walkability (0/100 vs 28/100 ), useful if you're optimising for a car-light household. On school quality, the average ICSEA across schools serving Hamlyn Terrace (950) sits above Lake Haven (943).

The takeWhich suburb suits which buyer

For buyers

Lake Haven is the lower entry point at $837,500 median, 13% 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: Hamlyn Terrace delivers the better gross yield (3.83% vs 3.73%), but Lake Haven 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

Hamlyn Terrace edges out on average school ICSEA (950 vs 943). Hamlyn Terrace also has a higher family-household share (81% vs 63%), so the catchment community skews family-heavy.

Common questionsHamlyn Terrace vs Lake Haven

Common questions

Is Hamlyn Terrace or Lake Haven cheaper to buy in?

Lake Haven has the lower median house price at $837,500, roughly 13% below Hamlyn Terrace ($950,000). The gap on units is usually similar but worth checking on the full suburb profiles.

Which has stronger property growth, Hamlyn Terrace or Lake Haven?

Over the past 12 months, Lake Haven grew +8.8% vs +5.6% in Hamlyn Terrace, a gap of 3.2 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 Hamlyn Terrace or Lake Haven have better schools?

On average school ICSEA (the ACARA index that benchmarks educational advantage), Hamlyn Terrace scores 950 vs 943 in Lake Haven. 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, Hamlyn Terrace or Lake Haven?

Lake Haven scores 28/100 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, Hamlyn Terrace or Lake Haven?

Gross rental yield on houses is 3.83% in Hamlyn Terrace vs 3.73% in Lake Haven. 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

Hamlyn Terrace
Metric
Lake Haven

Price & Market

$950,000
Median house
$837,500
$308,880
Median unit
$274,320
+5.6%
Annual growth (house)
+8.8%
Days on market

Rental

$700/wk
Rent (house / wk)
$600/wk
$480/wk
Rent (unit / wk)
$500/wk
64.0%
Owner occupied
59.0%
33.0%
Renter occupied
35.0%

Lifestyle & Demographics

0
Walk score
28
0
Transit score
70
100
Bike score
100
8,761
Population
3,529
36
Median age
49

Risk & Hazard

Flood class
Bushfire risk

Schools

20
Schools nearby
20
950
Avg ICSEA
943

Climate

1143 mm
Annual rainfall
1143 mm
24.7°C
Mean max (Jan)
24.7°C

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