Side by sideSuburb comparison

Ocean Grove vs Barwon Heads.

Comparing two suburbs with median house prices of $960,000 and $1,455,000. Ocean Grove edges out on more headline metrics in this comparison.

Ocean Grove (median $960,000) is roughly 34% cheaper to buy into than Barwon Heads ($1,455,000).

Barwon Heads scores higher on walkability (16/100 vs 24/100 ), useful if you're optimising for a car-light household. On school quality, the average ICSEA across schools serving Ocean Grove (1074) sits above Barwon Heads (1073).

The takeWhich suburb suits which buyer

For buyers

Ocean Grove is the lower entry point at $960,000 median, 34% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.

For investors

Ocean Grove offers the higher gross rental yield (2.98% vs 1.97%), favouring cash-flow investors.

For families

Ocean Grove edges out on average school ICSEA (1074 vs 1073).

Common questionsOcean Grove vs Barwon Heads

Common questions

Is Ocean Grove or Barwon Heads cheaper to buy in?

Ocean Grove has the lower median house price at $960,000, roughly 34% below Barwon Heads ($1,455,000). The gap on units is usually similar but worth checking on the full suburb profiles.

Does Ocean Grove or Barwon Heads have better schools?

On average school ICSEA (the ACARA index that benchmarks educational advantage), Ocean Grove scores 1074 vs 1073 in Barwon Heads. 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, Ocean Grove or Barwon Heads?

Barwon Heads scores 24/100 on walkability vs 16/100. 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, Ocean Grove or Barwon Heads?

Gross rental yield on houses is 2.98% in Ocean Grove vs 1.97% in Barwon Heads. 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

Ocean Grove
Metric
Barwon Heads

Price & Market

$960,000
Median house
$1,455,000
$847,000
Median unit
$889,000
+0.0%
Annual growth (house)
+0.0%
Days on market

Rental

$550/wk
Rent (house / wk)
$550/wk
$468/wk
Rent (unit / wk)
$468/wk
78.0%
Owner occupied
82.0%
18.0%
Renter occupied
16.0%

Lifestyle & Demographics

16
Walk score
24
10
Transit score
0
20
Bike score
60
17,714
Population
4,353
43
Median age
46

Risk & Hazard

Flood class
Bushfire risk

Schools

9
Schools nearby
6
1074
Avg ICSEA
1073

Climate

612 mm
Annual rainfall
612 mm
25.3°C
Mean max (Jan)
25.3°C

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