Side by sideSuburb comparison

Leichhardt vs Petersham.

Comparing two suburbs with median house prices of $2,200,000 and $2,150,000. Leichhardt edges out on more headline metrics in this comparison.

Petersham (median $2,150,000) is roughly 2% cheaper to buy into than Leichhardt ($2,200,000). Over the past year, Leichhardt (+11.7%) ran 9.3 percentage points ahead of Petersham (+2.4%) on house-price growth.

On school quality, the average ICSEA across schools serving Leichhardt (1115) sits above Petersham (1110). Leichhardt skews owner-occupied (58%), Petersham runs more rental-dense (48% owner).

The takeWhich suburb suits which buyer

For buyers

Petersham is the lower entry point at $2,150,000 median, 2% 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: Petersham delivers the better gross yield (2.63% vs 2.62%), but Leichhardt 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

Leichhardt edges out on average school ICSEA (1115 vs 1110). Leichhardt also has a higher family-household share (68% vs 56%), so the catchment community skews family-heavy.

Common questionsLeichhardt vs Petersham

Common questions

Is Leichhardt or Petersham cheaper to buy in?

Petersham has the lower median house price at $2,150,000, roughly 2% below Leichhardt ($2,200,000). The gap on units is usually similar but worth checking on the full suburb profiles.

Which has stronger property growth, Leichhardt or Petersham?

Over the past 12 months, Leichhardt grew +11.7% vs +2.4% in Petersham, a gap of 9.3 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 Leichhardt or Petersham have better schools?

On average school ICSEA (the ACARA index that benchmarks educational advantage), Leichhardt scores 1115 vs 1110 in Petersham. 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 suburb has higher rental yield, Leichhardt or Petersham?

Gross rental yield on houses is 2.63% in Petersham vs 2.62% in Leichhardt. 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

Leichhardt
Metric
Petersham

Price & Market

$2,200,000
Median house
$2,150,000
$1,065,000
Median unit
$451,440
+11.7%
Annual growth (house)
+2.4%
Days on market

Rental

$1110/wk
Rent (house / wk)
$1088/wk
$680/wk
Rent (unit / wk)
$675/wk
58.0%
Owner occupied
48.0%
40.0%
Renter occupied
51.0%

Lifestyle & Demographics

100
Walk score
100
0
Transit score
20
100
Bike score
100
15,158
Population
8,200
37
Median age
36

Risk & Hazard

Flood class
Bushfire risk

Schools

20
Schools nearby
20
1115
Avg ICSEA
1110

Climate

1302 mm
Annual rainfall
1302 mm
26.0°C
Mean max (Jan)
26.0°C

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