Marion vs Oaklands Park

Oaklands Park (median $955,000) is roughly 29% cheaper to buy into than Marion ($1,352,500).

Buying in Marion or Oaklands Park?

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Marion and Oaklands Park side by side

MeasureMarionOaklands Park
Price and market
Median house$1,352,500$955,000
Median unit$255,600$274,320
House price change, 12 months–-0.3%
Renting
House rent$645/wk$700/wk
Unit rent$465/wk$515/wk
Owner occupied64.0%48.0%
Renter occupied25.0%48.0%
Schools
Schools nearby2020
Average ICSEA10631060
Lifestyle and people
Walk score3458
Transit score00
Bike score100100
Population4,1013,948
Median age4339
Climate
Annual rainfall466 mm466 mm
Mean max, January28.8°C28.8°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

Oaklands Park scores higher on walkability (34/100 vs 58/100 ), useful if you're optimising for a car-light household. On school quality, the average ICSEA across schools serving Marion (1063) sits above Oaklands Park (1060). Marion skews owner-occupied (64%), Oaklands Park runs more rental-dense (48% owner).

For buyers
Oaklands Park is the lower entry point at $955,000 median, 29% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.
For investors
Oaklands Park offers the higher gross rental yield (3.81% vs 2.48%), favouring cash-flow investors.
For families
Marion edges out on average school ICSEA (1063 vs 1060). Marion also has a higher family-household share (63% vs 53%), so the catchment community skews family-heavy.

Marion vs Oaklands Park: common questions

Is Marion or Oaklands Park cheaper to buy in?

Oaklands Park has the lower median house price at $955,000, roughly 29% below Marion ($1,352,500). The gap on units is usually similar but worth checking on the full suburb profiles.

Does Marion or Oaklands Park have better schools?

On average school ICSEA (the ACARA index that benchmarks educational advantage), Marion scores 1063 vs 1060 in Oaklands Park. 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, Marion or Oaklands Park?

Oaklands Park scores 58/100 on walkability vs 34/100. 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, Marion or Oaklands Park?

Gross rental yield on houses is 3.81% in Oaklands Park vs 2.48% in Marion. 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.