Side by sideSuburb comparison

Oakbank vs Woodside.

Comparing two suburbs with median house prices of $1,200,000 and $965,000.

Woodside (median $965,000) is roughly 24% cheaper to buy into than Oakbank ($1,200,000). Over the past year, Oakbank (+14.8%) ran 3.0 percentage points ahead of Woodside (+11.8%) on house-price growth.

Woodside scores higher on walkability (0/100 vs 6/100 ), useful if you're optimising for a car-light household. On school quality, the average ICSEA across schools serving Oakbank (1054) sits above Woodside (1039).

The takeWhich suburb suits which buyer

For buyers

Woodside is the lower entry point at $965,000 median, 24% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.

For investors

Investors face a yield-versus-growth split: Woodside delivers the better gross yield (3.07% vs 3.03%), but Oakbank has run faster on capital growth this year. The right pick depends on whether you're optimising for cash flow or capital appreciation.

For families

Oakbank edges out on average school ICSEA (1054 vs 1039).

Common questionsOakbank vs Woodside

Common questions

Is Oakbank or Woodside cheaper to buy in?

Woodside has the lower median house price at $965,000, roughly 24% below Oakbank ($1,200,000). The gap on units is usually similar but worth checking on the full suburb profiles.

Which has stronger property growth, Oakbank or Woodside?

Over the past 12 months, Oakbank grew +14.8% vs +11.8% in Woodside, a gap of 3.0 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 Oakbank or Woodside have better schools?

On average school ICSEA (the ACARA index that benchmarks educational advantage), Oakbank scores 1054 vs 1039 in Woodside. 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, Oakbank or Woodside?

Woodside scores 6/100 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, Oakbank or Woodside?

Gross rental yield on houses is 3.07% in Woodside vs 3.03% in Oakbank. 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

Oakbank
Metric
Woodside

Price & Market

$1,200,000
Median house
$965,000
$288,720
Median unit
$257,760
+14.8%
Annual growth (house)
+11.8%
Days on market

Rental

$700/wk
Rent (house / wk)
$570/wk
$340/wk
Rent (unit / wk)
$320/wk
84.0%
Owner occupied
75.0%
14.0%
Renter occupied
19.0%

Lifestyle & Demographics

0
Walk score
6
0
Transit score
0
25
Bike score
40
865
Population
2,701
48
Median age
45

Risk & Hazard

Flood class
Bushfire risk

Schools

14
Schools nearby
6
1054
Avg ICSEA
1039

Climate

448 mm
Annual rainfall
448 mm
27.9°C
Mean max (Jan)
27.9°C

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