Largs Bay vs Peterhead.
Comparing two suburbs with median house prices of $1,070,000 and $798,000. Largs Bay edges out on more headline metrics in this comparison.
Peterhead (median $798,000) is roughly 34% cheaper to buy into than Largs Bay ($1,070,000). Over the past year, Largs Bay (0%) ran 5.0 percentage points ahead of Peterhead (-5%) on house-price growth.
Largs Bay scores higher on walkability (16/100 vs 12/100 ), useful if you're optimising for a car-light household.
For buyers
Peterhead is the lower entry point at $798,000 median, 34% 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: Peterhead delivers the better gross yield (3.91% vs 3.16%), but Largs Bay 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
Largs Bay has a heavier family-household mix (70% vs 58%), which typically signals stronger demand for family-amenable infrastructure (parks, schools, supermarkets).
Common questions
Is Largs Bay or Peterhead cheaper to buy in?
Peterhead has the lower median house price at $798,000, roughly 34% below Largs Bay ($1,070,000). The gap on units is usually similar but worth checking on the full suburb profiles.
Which has stronger property growth, Largs Bay or Peterhead?
Over the past 12 months, Largs Bay grew 0% vs -5% in Peterhead, a gap of 5.0 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.
Which is more walkable, Largs Bay or Peterhead?
Largs Bay scores 16/100 on walkability vs 12/100. 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, Largs Bay or Peterhead?
Gross rental yield on houses is 3.91% in Peterhead vs 3.16% in Largs Bay. 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
Price & Market
Rental
Lifestyle & Demographics
Risk & Hazard
Schools
Climate
Green dot = better on that metric (lower price, higher growth, higher walkability, lower risk).
Compare Largs Bay against another suburb