Lockleys vs Underdale
Underdale (median $1,280,000) is roughly 19% cheaper to buy into than Lockleys ($1,585,000).
Buying in Lockleys or Underdale?
Selling in Lockleys? The free selling guide
Lockleys and Underdale side by side
| Measure | Lockleys | Underdale |
|---|---|---|
| Price and market | ||
| Median house | $1,585,000 | $1,280,000 |
| Median unit | $285,120 | $285,120 |
| House price change, 12 months | – | +6.7% |
| Renting | ||
| House rent | $735/wk | $620/wk |
| Unit rent | $485/wk | $490/wk |
| Owner occupied | 75.0% | 59.0% |
| Renter occupied | 21.0% | 36.0% |
| Schools | ||
| Schools nearby | 20 | 20 |
| Average ICSEA | 1052 | 1033 |
| Lifestyle and people | ||
| Walk score | 4 | 8 |
| Transit score | 0 | 0 |
| Bike score | 100 | 100 |
| Population | 5,987 | 2,429 |
| Median age | 44 | 38 |
| Climate | ||
| Annual rainfall | 438 mm | 438 mm |
| Mean max, January | 29.5°C | 29.5°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
Underdale scores higher on walkability (4/100 vs 8/100 ), useful if you're optimising for a car-light household. On school quality, the average ICSEA across schools serving Lockleys (1052) sits above Underdale (1033). Lockleys skews owner-occupied (75%), Underdale runs more rental-dense (59% owner).
- For buyers
- Underdale is the lower entry point at $1,280,000 median, 19% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.
- For investors
- Underdale offers the higher gross rental yield (2.52% vs 2.41%), favouring cash-flow investors.
- For families
- Lockleys edges out on average school ICSEA (1052 vs 1033).
Lockleys vs Underdale: common questions
Is Lockleys or Underdale cheaper to buy in?
Underdale has the lower median house price at $1,280,000, roughly 19% below Lockleys ($1,585,000). The gap on units is usually similar but worth checking on the full suburb profiles.
Does Lockleys or Underdale have better schools?
On average school ICSEA (the ACARA index that benchmarks educational advantage), Lockleys scores 1052 vs 1033 in Underdale. 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, Lockleys or Underdale?
Underdale scores 8/100 on walkability vs 4/100. 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, Lockleys or Underdale?
Gross rental yield on houses is 2.52% in Underdale vs 2.41% in Lockleys. 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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