Leichhardt vs Petersham
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.
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Leichhardt and Petersham side by side
| Measure | Leichhardt | Petersham |
|---|---|---|
| Price and market | ||
| Median house | $2,200,000 | $2,150,000 |
| Median unit | $1,065,000 | $451,440 |
| House price change, 12 months | +11.7% | +2.4% |
| Renting | ||
| House rent | $1110/wk | $1088/wk |
| Unit rent | $680/wk | $675/wk |
| Owner occupied | 58.0% | 48.0% |
| Renter occupied | 40.0% | 51.0% |
| Schools | ||
| Schools nearby | 20 | 20 |
| Average ICSEA | 1115 | 1110 |
| Lifestyle and people | ||
| Walk score | 100 | 100 |
| Transit score | 0 | 20 |
| Bike score | 100 | 100 |
| Population | 15,158 | 8,200 |
| Median age | 37 | 36 |
| Climate | ||
| Annual rainfall | 981 mm | 981 mm |
| Mean max, January | 27.6°C | 27.6°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
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).
- 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.
Leichhardt 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.
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