Mystery Bay vs Akolele
Akolele (median $750,000) is roughly 23% cheaper to buy into than Mystery Bay ($980,000).
Buying in Mystery Bay or Akolele?
Selling in Mystery Bay? The free selling guide
Mystery Bay and Akolele side by side
| Measure | Mystery Bay | Akolele |
|---|---|---|
| Price and market | ||
| Median house | $980,000 | $750,000 |
| Median unit | $233,280 | $233,280 |
| House price change, 12 months | +16.7% | – |
| Renting | ||
| House rent | $553/wk | $553/wk |
| Unit rent | $440/wk | $440/wk |
| Owner occupied | 96.0% | 53.0% |
| Renter occupied | 8.0% | 46.0% |
| Schools | ||
| Schools nearby | 3 | 5 |
| Average ICSEA | 973 | 961 |
| Lifestyle and people | ||
| Walk score | 0 | 0 |
| Transit score | 0 | 0 |
| Bike score | 0 | 0 |
| Population | 199 | 165 |
| Median age | 63 | 43 |
| Climate | ||
| Annual rainfall | 897 mm | 938 mm |
| Mean max, January | 24.0°C | 24.4°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
On school quality, the average ICSEA across schools serving Mystery Bay (973) sits above Akolele (961). Mystery Bay skews owner-occupied (96%), Akolele runs more rental-dense (53% owner).
- For buyers
- Akolele is the lower entry point at $750,000 median, 23% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.
- For investors
- Akolele offers the higher gross rental yield (3.83% vs 2.93%), favouring cash-flow investors.
- For families
- Mystery Bay edges out on average school ICSEA (973 vs 961).
Mystery Bay vs Akolele: common questions
Is Mystery Bay or Akolele cheaper to buy in?
Akolele has the lower median house price at $750,000, roughly 23% below Mystery Bay ($980,000). The gap on units is usually similar but worth checking on the full suburb profiles.
Does Mystery Bay or Akolele have better schools?
On average school ICSEA (the ACARA index that benchmarks educational advantage), Mystery Bay scores 973 vs 961 in Akolele. 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, Mystery Bay or Akolele?
Gross rental yield on houses is 3.83% in Akolele vs 2.93% in Mystery Bay. 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.
Keep comparing
The two suburbs
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