Side by sideSuburb comparison

Hanwood vs Griffith.

Comparing two suburbs with median house prices of $630,000 and $595,500. Griffith edges out on more headline metrics in this comparison.

Griffith (median $595,500) is roughly 6% cheaper to buy into than Hanwood ($630,000). Over the past year, Hanwood (+7.7%) ran 5.9 percentage points ahead of Griffith (+1.8%) on house-price growth.

On school quality, the average ICSEA across schools serving Griffith (940) sits above Hanwood (937). Hanwood skews owner-occupied (70%), Griffith runs more rental-dense (58% owner).

The takeWhich suburb suits which buyer

For buyers

Griffith is the lower entry point at $595,500 median, 6% 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: Griffith delivers the better gross yield (4.58% vs 4.33%), but Hanwood 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

Griffith edges out on average school ICSEA (940 vs 937).

Common questionsHanwood vs Griffith

Common questions

Is Hanwood or Griffith cheaper to buy in?

Griffith has the lower median house price at $595,500, roughly 6% below Hanwood ($630,000). The gap on units is usually similar but worth checking on the full suburb profiles.

Which has stronger property growth, Hanwood or Griffith?

Over the past 12 months, Hanwood grew +7.7% vs +1.8% in Griffith, a gap of 5.9 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 Hanwood or Griffith have better schools?

On average school ICSEA (the ACARA index that benchmarks educational advantage), Griffith scores 940 vs 937 in Hanwood. 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 suburb has higher rental yield, Hanwood or Griffith?

Gross rental yield on houses is 4.58% in Griffith vs 4.33% in Hanwood. 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

Hanwood
Metric
Griffith

Price & Market

$630,000
Median house
$595,500
$237,600
Median unit
$237,600
+7.7%
Annual growth (house)
+1.8%
Days on market

Rental

$525/wk
Rent (house / wk)
$525/wk
$360/wk
Rent (unit / wk)
$360/wk
70.0%
Owner occupied
58.0%
22.0%
Renter occupied
37.0%

Lifestyle & Demographics

Walk score
100
Transit score
0
Bike score
20
1,388
Population
19,505
39
Median age
36

Risk & Hazard

Flood class
Bushfire risk

Schools

15
Schools nearby
16
937
Avg ICSEA
940

Climate

Annual rainfall
Mean max (Jan)

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