Monbulk vs Olinda
Monbulk (median $795,000) is roughly 16% cheaper to buy into than Olinda ($942,500).
Buying in Monbulk or Olinda?
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Monbulk and Olinda side by side
| Measure | Monbulk | Olinda |
|---|---|---|
| Price and market | ||
| Median house | $795,000 | $942,500 |
| Median unit | $303,120 | $316,800 |
| Renting | ||
| Owner occupied | 82.0% | – |
| Renter occupied | 14.0% | – |
| Schools | ||
| Schools nearby | 20 | 20 |
| Average ICSEA | 1053 | 1057 |
| Lifestyle and people | ||
| Walk score | 0 | 48 |
| Transit score | 0 | 0 |
| Bike score | 0 | 25 |
| Population | 3,651 | – |
| Median age | 41 | – |
| Climate | ||
| Annual rainfall | 1100 mm | 1182 mm |
| Mean max, January | 26.1°C | 25.0°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
Olinda scores higher on walkability (0/100 vs 48/100 ), useful if you're optimising for a car-light household. On school quality, the average ICSEA across schools serving Olinda (1057) sits above Monbulk (1053).
- For buyers
- Monbulk is the lower entry point at $795,000 median, 16% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.
- For investors
- Rental or growth data is incomplete for one or both suburbs. Look at the full investor view on each suburb profile for a complete picture.
- For families
- Olinda edges out on average school ICSEA (1057 vs 1053).
Monbulk vs Olinda: common questions
Is Monbulk or Olinda cheaper to buy in?
Monbulk has the lower median house price at $795,000, roughly 16% below Olinda ($942,500). The gap on units is usually similar but worth checking on the full suburb profiles.
Does Monbulk or Olinda have better schools?
On average school ICSEA (the ACARA index that benchmarks educational advantage), Olinda scores 1057 vs 1053 in Monbulk. 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, Monbulk or Olinda?
Olinda scores 48/100 on walkability vs 0/100. 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.
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