Jerrabomberra vs Tralee
Tralee (median $835,000) is roughly 29% 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.
Buying in Jerrabomberra or Tralee?
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Jerrabomberra and Tralee side by side
| Measure | Jerrabomberra | Tralee |
|---|---|---|
| Price and market | ||
| Median house | $1,172,500 | $835,000 |
| Median unit | $380,880 | – |
| House price change, 12 months | -6.2% | +5.7% |
| Renting | ||
| House rent | $815/wk | $695/wk |
| Unit rent | – | $433/wk |
| Owner occupied | 80.0% | – |
| Renter occupied | 19.0% | – |
| Schools | ||
| Schools nearby | 20 | 20 |
| Average ICSEA | 1041 | 1045 |
| Lifestyle and people | ||
| Walk score | 16 | 0 |
| Transit score | 0 | 0 |
| Bike score | 100 | 100 |
| Population | 9,601 | – |
| Median age | 38 | 32 |
| Climate | ||
| Annual rainfall | 624 mm | 629 mm |
| Mean max, January | 28.4°C | 28.6°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
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).
- For buyers
- Tralee is the lower entry point at $835,000 median, 29% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.
- For investors
- Tralee carries both higher gross yield (4.33% vs 3.61%) and stronger 12-month growth. On the headline numbers, it's the cleaner investor case of the two.
- For families
- Tralee edges out on average school ICSEA (1045 vs 1041).
Jerrabomberra vs Tralee: common questions
Is Jerrabomberra or Tralee cheaper to buy in?
Tralee has the lower median house price at $835,000, roughly 29% 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 4.33% in Tralee vs 3.61% in Jerrabomberra. 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.
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