Ilarwill vs Lawrence

Lawrence (median $575,000) is roughly 12% cheaper to buy into than Ilarwill ($650,000).

Buying in Ilarwill or Lawrence?

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Selling in Ilarwill? The free selling guide

Ilarwill and Lawrence side by side

MeasureIlarwillLawrence
Price and market
Median house$650,000$575,000
Median unit$240,480$205,920
House price change, 12 months–-7.3%
Renting
House rent$620/wk$520/wk
Unit rent–$415/wk
Owner occupied84.0%87.0%
Renter occupied15.0%9.0%
Schools
Schools nearby812
Average ICSEA961940
Lifestyle and people
Walk score02
Transit score00
Bike score50
Population2331,159
Median age5254
Climate
Annual rainfall1212 mm1066 mm
Mean max, January28.9°C29.6°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

Lawrence scores higher on walkability (0/100 vs 2/100 ), useful if you're optimising for a car-light household. On school quality, the average ICSEA across schools serving Ilarwill (961) sits above Lawrence (940).

For buyers
Lawrence is the lower entry point at $575,000 median, 12% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.
For investors
Ilarwill offers the higher gross rental yield (4.96% vs 4.70%), favouring cash-flow investors.
For families
Ilarwill edges out on average school ICSEA (961 vs 940).

Ilarwill vs Lawrence: common questions

Is Ilarwill or Lawrence cheaper to buy in?

Lawrence has the lower median house price at $575,000, roughly 12% below Ilarwill ($650,000). The gap on units is usually similar but worth checking on the full suburb profiles.

Does Ilarwill or Lawrence have better schools?

On average school ICSEA (the ACARA index that benchmarks educational advantage), Ilarwill scores 961 vs 940 in Lawrence. 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, Ilarwill or Lawrence?

Lawrence scores 2/100 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, Ilarwill or Lawrence?

Gross rental yield on houses is 4.96% in Ilarwill vs 4.70% in Lawrence. 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.