Old Reynella vs Reynella

Reynella (median $850,000) is roughly 9% cheaper to buy into than Old Reynella ($930,000). Over the past year, Old Reynella (+14.8%) ran 0.7 percentage points ahead of Reynella (+14.1%) on house-price growth.

Buying in Old Reynella or Reynella?

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Old Reynella and Reynella side by side

MeasureOld ReynellaReynella
Price and market
Median house$930,000$850,000
Median unit$216,000$216,000
House price change, 12 months+14.8%+14.1%
Renting
House rent$650/wk$620/wk
Unit rent$470/wk$320/wk
Owner occupied75.0%79.0%
Renter occupied20.0%19.0%
Schools
Schools nearby2020
Average ICSEA10081012
Lifestyle and people
Walk score2048
Transit score00
Bike score100100
Population3,4584,836
Median age4238
Climate
Annual rainfall603 mm603 mm
Mean max, January27.8°C27.8°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

Reynella scores higher on walkability (20/100 vs 48/100 ), useful if you're optimising for a car-light household. On school quality, the average ICSEA across schools serving Reynella (1012) sits above Old Reynella (1008).

For buyers
Reynella is the lower entry point at $850,000 median, 9% 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: Reynella delivers the better gross yield (3.79% vs 3.63%), but Old Reynella 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
Reynella edges out on average school ICSEA (1012 vs 1008).

Old Reynella vs Reynella: common questions

Is Old Reynella or Reynella cheaper to buy in?

Reynella has the lower median house price at $850,000, roughly 9% below Old Reynella ($930,000). The gap on units is usually similar but worth checking on the full suburb profiles.

Which has stronger property growth, Old Reynella or Reynella?

Over the past 12 months, Old Reynella grew +14.8% vs +14.1% in Reynella, a gap of 0.7 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 Old Reynella or Reynella have better schools?

On average school ICSEA (the ACARA index that benchmarks educational advantage), Reynella scores 1012 vs 1008 in Old Reynella. 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, Old Reynella or Reynella?

Reynella scores 48/100 on walkability vs 20/100. 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, Old Reynella or Reynella?

Gross rental yield on houses is 3.79% in Reynella vs 3.63% in Old Reynella. 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.