Side by sideSuburb comparison

Olinda vs Sassafras.

Comparing two suburbs with median house prices of $942,500 and $940,000. Sassafras edges out on more headline metrics in this comparison.

Sassafras (median $940,000) is roughly 0% cheaper to buy into than Olinda ($942,500).

Olinda scores higher on walkability (48/100 vs 40/100 ), useful if you're optimising for a car-light household. On school quality, the average ICSEA across schools serving Sassafras (1060) sits above Olinda (1057).

The takeWhich suburb suits which buyer

For buyers

Sassafras is the lower entry point at $940,000 median, 0% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.

For investors

Sassafras offers the higher gross rental yield (2.27% vs 2.20%), favouring cash-flow investors.

For families

Sassafras edges out on average school ICSEA (1060 vs 1057).

Common questionsOlinda vs Sassafras

Common questions

Is Olinda or Sassafras cheaper to buy in?

Sassafras has the lower median house price at $940,000, roughly 0% below Olinda ($942,500). The gap on units is usually similar but worth checking on the full suburb profiles.

Does Olinda or Sassafras have better schools?

On average school ICSEA (the ACARA index that benchmarks educational advantage), Sassafras scores 1060 vs 1057 in Olinda. 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, Olinda or Sassafras?

Olinda scores 48/100 on walkability vs 40/100. 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, Olinda or Sassafras?

Gross rental yield on houses is 2.27% in Sassafras vs 2.20% in Olinda. 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

Olinda
Metric
Sassafras

Price & Market

$942,500
Median house
$940,000
$316,800
Median unit
$321,840
+0.0%
Annual growth (house)
+0.0%
Days on market

Rental

$398/wk
Rent (house / wk)
$410/wk
$338/wk
Rent (unit / wk)
$349/wk
Owner occupied
Renter occupied

Lifestyle & Demographics

48
Walk score
40
0
Transit score
0
25
Bike score
0
1,773
Population
961
45
Median age
47

Risk & Hazard

Flood class
Bushfire risk

Schools

20
Schools nearby
20
1057
Avg ICSEA
1060

Climate

639 mm
Annual rainfall
639 mm
25.9°C
Mean max (Jan)
25.9°C

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