Side by sideSuburb comparison

Jerrabomberra vs Tralee.

Comparing two suburbs with median house prices of $1,172,500 and $835,000. Tralee edges out on more headline metrics in this comparison.

Tralee (median $835,000) is roughly 40% cheaper to buy into than Jerrabomberra ($1,172,500). Over the past year, Tralee (+5.7%) ran 11.9 percentage points ahead of Jerrabomberra (-6.2%) on house-price growth.

Jerrabomberra scores higher on walkability (16/100 vs 0/100 ), useful if you're optimising for a car-light household. On school quality, the average ICSEA across schools serving Tralee (1045) sits above Jerrabomberra (1041).

The takeWhich suburb suits which buyer

For buyers

Tralee is the lower entry point at $835,000 median, 40% 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: Jerrabomberra delivers the better gross yield (3.64% vs 1.87%), but Tralee 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

Tralee edges out on average school ICSEA (1045 vs 1041).

Common questionsJerrabomberra vs Tralee

Common questions

Is Jerrabomberra or Tralee cheaper to buy in?

Tralee has the lower median house price at $835,000, roughly 40% below Jerrabomberra ($1,172,500). The gap on units is usually similar but worth checking on the full suburb profiles.

Which has stronger property growth, Jerrabomberra or Tralee?

Over the past 12 months, Tralee grew +5.7% vs -6.2% in Jerrabomberra, a gap of 11.9 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 Jerrabomberra or Tralee have better schools?

On average school ICSEA (the ACARA index that benchmarks educational advantage), Tralee scores 1045 vs 1041 in Jerrabomberra. 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, Jerrabomberra or Tralee?

Jerrabomberra scores 16/100 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, Jerrabomberra or Tralee?

Gross rental yield on houses is 3.64% in Jerrabomberra vs 1.87% in Tralee. 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

Jerrabomberra
Metric
Tralee

Price & Market

$1,172,500
Median house
$835,000
$380,880
Median unit
-6.2%
Annual growth (house)
+5.7%
Days on market

Rental

$820/wk
Rent (house / wk)
$300/wk
$490/wk
Rent (unit / wk)
$300/wk
80.0%
Owner occupied
19.0%
Renter occupied

Lifestyle & Demographics

16
Walk score
0
0
Transit score
0
100
Bike score
100
9,601
Population
38
Median age
32

Risk & Hazard

Flood class
Bushfire risk

Schools

20
Schools nearby
20
1041
Avg ICSEA
1045

Climate

Annual rainfall
Mean max (Jan)

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