Henley vs Wareemba

Wareemba (median $2,960,000) is roughly 50% cheaper to buy into than Henley ($5,900,000). Over the past year, Wareemba (+18.9%) ran 15.4 percentage points ahead of Henley (+3.5%) on house-price growth.

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Henley and Wareemba side by side

MeasureHenleyWareemba
Price and market
Median house$5,900,000$2,960,000
Median unit$475,200$477,360
House price change, 12 months+3.5%+18.9%
Renting
House rent$1200/wk$1300/wk
Unit rent$700/wk$800/wk
Owner occupied85.0%68.0%
Renter occupied19.0%28.0%
Schools
Schools nearby2020
Average ICSEA11231106
Lifestyle and people
Walk score424
Transit score00
Bike score100100
Population4551,519
Median age4643
Climate
Annual rainfall1036 mm1036 mm
Mean max, January27.7°C27.7°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

Wareemba scores higher on walkability (4/100 vs 24/100 ), useful if you're optimising for a car-light household. On school quality, the average ICSEA across schools serving Henley (1123) sits above Wareemba (1106). Henley skews owner-occupied (85%), Wareemba runs more rental-dense (68% owner).

For buyers
Wareemba is the lower entry point at $2,960,000 median, 50% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.
For investors
Wareemba carries both higher gross yield (2.28% vs 1.06%) and stronger 12-month growth. On the headline numbers, it's the cleaner investor case of the two.
For families
Henley edges out on average school ICSEA (1123 vs 1106). Henley also has a higher family-household share (83% vs 72%), so the catchment community skews family-heavy.

Henley vs Wareemba: common questions

Is Henley or Wareemba cheaper to buy in?

Wareemba has the lower median house price at $2,960,000, roughly 50% below Henley ($5,900,000). The gap on units is usually similar but worth checking on the full suburb profiles.

Which has stronger property growth, Henley or Wareemba?

Over the past 12 months, Wareemba grew +18.9% vs +3.5% in Henley, a gap of 15.4 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 Henley or Wareemba have better schools?

On average school ICSEA (the ACARA index that benchmarks educational advantage), Henley scores 1123 vs 1106 in Wareemba. 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, Henley or Wareemba?

Wareemba scores 24/100 on walkability vs 4/100. 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, Henley or Wareemba?

Gross rental yield on houses is 2.28% in Wareemba vs 1.06% in Henley. 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.