Morpeth vs Wallalong
Morpeth (median $835,000) is roughly 25% cheaper to buy into than Wallalong ($1,110,000). Over the past year, Morpeth (-1.8%) ran 15.1 percentage points ahead of Wallalong (-16.9%) on house-price growth.
Buying in Morpeth or Wallalong?
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Morpeth and Wallalong side by side
| Measure | Morpeth | Wallalong |
|---|---|---|
| Price and market | ||
| Median house | $835,000 | $1,110,000 |
| Median unit | $308,880 | $293,040 |
| House price change, 12 months | -1.8% | -16.9% |
| Renting | ||
| House rent | $650/wk | $640/wk |
| Unit rent | $520/wk | $495/wk |
| Owner occupied | 63.0% | 95.0% |
| Renter occupied | 15.0% | 4.0% |
| Schools | ||
| Schools nearby | 20 | 20 |
| Average ICSEA | 999 | 984 |
| Lifestyle and people | ||
| Walk score | 10 | 0 |
| Transit score | 0 | 0 |
| Bike score | 15 | 0 |
| Population | 1,686 | 1,049 |
| Median age | 55 | 39 |
| Climate | ||
| Annual rainfall | 920 mm | 919 mm |
| Mean max, January | 29.8°C | 30.1°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
Morpeth scores higher on walkability (10/100 vs 0/100 ), useful if you're optimising for a car-light household. On school quality, the average ICSEA across schools serving Morpeth (999) sits above Wallalong (984). Wallalong skews owner-occupied (95%), Morpeth runs more rental-dense (63% owner).
- For buyers
- Morpeth is the lower entry point at $835,000 median, 25% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.
- For investors
- Morpeth carries both higher gross yield (4.05% vs 3.00%) and stronger 12-month growth. On the headline numbers, it's the cleaner investor case of the two.
- For families
- Morpeth edges out on average school ICSEA (999 vs 984). Wallalong also has a higher family-household share (87% vs 64%), so the catchment community skews family-heavy.
Morpeth vs Wallalong: common questions
Is Morpeth or Wallalong cheaper to buy in?
Morpeth has the lower median house price at $835,000, roughly 25% below Wallalong ($1,110,000). The gap on units is usually similar but worth checking on the full suburb profiles.
Which has stronger property growth, Morpeth or Wallalong?
Over the past 12 months, Morpeth grew -1.8% vs -16.9% in Wallalong, a gap of 15.1 percentage points. Twelve-month growth can swing year to year, so weight long-run trends from the individual suburb profiles before making a buy decision.
Does Morpeth or Wallalong have better schools?
On average school ICSEA (the ACARA index that benchmarks educational advantage), Morpeth scores 999 vs 984 in Wallalong. 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, Morpeth or Wallalong?
Morpeth scores 10/100 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.
Which suburb has higher rental yield, Morpeth or Wallalong?
Gross rental yield on houses is 4.05% in Morpeth vs 3.00% in Wallalong. 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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