Oakhampton vs Bolwarra Heights

Bolwarra Heights (median $930,000) is roughly 80% cheaper to buy into than Oakhampton ($4,650,000).

Buying in Oakhampton or Bolwarra Heights?

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Oakhampton and Bolwarra Heights side by side

MeasureOakhamptonBolwarra Heights
Price and market
Median house$4,650,000$930,000
Median unit$293,040$293,040
House price change, 12 months–-6.1%
Renting
House rent$640/wk$640/wk
Unit rent$495/wk$495/wk
Owner occupied62.0%88.0%
Renter occupied7.0%11.0%
Schools
Schools nearby2020
Average ICSEA983984
Lifestyle and people
Walk score00
Transit score00
Bike score200
Population1653,436
Median age6836
Climate
Annual rainfall799 mm851 mm
Mean max, January30.5°C30.3°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 Bolwarra Heights (984) sits above Oakhampton (983). Bolwarra Heights skews owner-occupied (88%), Oakhampton runs more rental-dense (62% owner).

For buyers
Bolwarra Heights is the lower entry point at $930,000 median, 80% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.
For investors
Bolwarra Heights offers the higher gross rental yield (3.58% vs 0.72%), favouring cash-flow investors.
For families
Bolwarra Heights edges out on average school ICSEA (984 vs 983). Bolwarra Heights also has a higher family-household share (87% vs 64%), so the catchment community skews family-heavy.

Oakhampton vs Bolwarra Heights: common questions

Is Oakhampton or Bolwarra Heights cheaper to buy in?

Bolwarra Heights has the lower median house price at $930,000, roughly 80% below Oakhampton ($4,650,000). The gap on units is usually similar but worth checking on the full suburb profiles.

Does Oakhampton or Bolwarra Heights have better schools?

On average school ICSEA (the ACARA index that benchmarks educational advantage), Bolwarra Heights scores 984 vs 983 in Oakhampton. 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, Oakhampton or Bolwarra Heights?

Gross rental yield on houses is 3.58% in Bolwarra Heights vs 0.72% in Oakhampton. 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.