Locksley vs Wambool.
Comparing two suburbs with median house prices of $2,305,000 and $1,312,000. Wambool edges out on more headline metrics in this comparison.
Wambool (median $1,312,000) is roughly 76% cheaper to buy into than Locksley ($2,305,000).
On school quality, the average ICSEA across schools serving Wambool (984) sits above Locksley (970).
For buyers
Wambool is the lower entry point at $1,312,000 median, 76% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.
For investors
Wambool offers the higher gross rental yield (1.27% vs 0.72%), favouring cash-flow investors.
For families
Wambool edges out on average school ICSEA (984 vs 970). Locksley also has a higher family-household share (81% vs 65%), so the catchment community skews family-heavy.
Common questions
Is Locksley or Wambool cheaper to buy in?
Wambool has the lower median house price at $1,312,000, roughly 76% below Locksley ($2,305,000). The gap on units is usually similar but worth checking on the full suburb profiles.
Does Locksley or Wambool have better schools?
On average school ICSEA (the ACARA index that benchmarks educational advantage), Wambool scores 984 vs 970 in Locksley. 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, Locksley or Wambool?
Gross rental yield on houses is 1.27% in Wambool vs 0.72% in Locksley. 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).
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