Side by sideSuburb comparison

Newington vs Lake Wendouree.

Comparing two suburbs with median house prices of $640,000 and $795,000. Newington edges out on more headline metrics in this comparison.

Newington (median $640,000) is roughly 19% cheaper to buy into than Lake Wendouree ($795,000).

On school quality, the average ICSEA across schools serving Newington (1031) sits above Lake Wendouree (1023).

The takeWhich suburb suits which buyer

For buyers

Newington is the lower entry point at $640,000 median, 19% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.

For investors

Newington offers the higher gross rental yield (2.44% vs 1.96%), favouring cash-flow investors.

For families

Newington edges out on average school ICSEA (1031 vs 1023).

Common questionsNewington vs Lake Wendouree

Common questions

Is Newington or Lake Wendouree cheaper to buy in?

Newington has the lower median house price at $640,000, roughly 19% below Lake Wendouree ($795,000). The gap on units is usually similar but worth checking on the full suburb profiles.

Does Newington or Lake Wendouree have better schools?

On average school ICSEA (the ACARA index that benchmarks educational advantage), Newington scores 1031 vs 1023 in Lake Wendouree. 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, Newington or Lake Wendouree?

Gross rental yield on houses is 2.44% in Newington vs 1.96% in Lake Wendouree. 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.

The numbers behind the take

Newington
Metric
Lake Wendouree

Price & Market

$640,000
Median house
$795,000
$240,480
Median unit
$512,500
+0.0%
Annual growth (house)
+0.0%
Days on market

Rental

$300/wk
Rent (house / wk)
$300/wk
$255/wk
Rent (unit / wk)
$321/wk
Owner occupied
73.0%
Renter occupied
25.0%

Lifestyle & Demographics

34
Walk score
34
0
Transit score
0
100
Bike score
100
66,022
Population
2,878
39
Median age
53

Risk & Hazard

Flood class
Bushfire risk

Schools

20
Schools nearby
20
1031
Avg ICSEA
1023

Climate

612 mm
Annual rainfall
612 mm
23.2°C
Mean max (Jan)
23.2°C

Green dot = better on that metric (lower price, higher growth, higher walkability, lower risk).