Monash vs Wanniassa
Wanniassa (median $880,000) is roughly 2% cheaper to buy into than Monash ($895,500).
Buying in Monash or Wanniassa?
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Monash and Wanniassa side by side
| Measure | Monash | Wanniassa |
|---|---|---|
| Price and market | ||
| Median house | $895,500 | $880,000 |
| Median unit | $700,000 | $507,500 |
| Renting | ||
| House rent | $462/wk | $400/wk |
| Unit rent | $450/wk | $400/wk |
| Owner occupied | 74.0% | 77.0% |
| Renter occupied | 19.0% | 21.0% |
| Schools | ||
| Schools nearby | 20 | 20 |
| Average ICSEA | 1040 | 1043 |
| Lifestyle and people | ||
| Walk score | 6 | 14 |
| Transit score | 100 | 100 |
| Bike score | 100 | 100 |
| Population | 5,644 | 7,885 |
| Median age | 43 | 39 |
| Climate | ||
| Annual rainfall | 648 mm | 648 mm |
| Mean max, January | 28.8°C | 28.8°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
Wanniassa scores higher on walkability (6/100 vs 14/100 ), useful if you're optimising for a car-light household. On school quality, the average ICSEA across schools serving Wanniassa (1043) sits above Monash (1040).
- For buyers
- Wanniassa is the lower entry point at $880,000 median, 2% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.
- For investors
- Monash offers the higher gross rental yield (2.68% vs 2.36%), favouring cash-flow investors.
- For families
- Wanniassa edges out on average school ICSEA (1043 vs 1040).
Monash vs Wanniassa: common questions
Is Monash or Wanniassa cheaper to buy in?
Wanniassa has the lower median house price at $880,000, roughly 2% below Monash ($895,500). The gap on units is usually similar but worth checking on the full suburb profiles.
Does Monash or Wanniassa have better schools?
On average school ICSEA (the ACARA index that benchmarks educational advantage), Wanniassa scores 1043 vs 1040 in Monash. 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, Monash or Wanniassa?
Wanniassa scores 14/100 on walkability vs 6/100. 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, Monash or Wanniassa?
Gross rental yield on houses is 2.68% in Monash vs 2.36% in Wanniassa. 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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