Side by sideSuburb comparison

Ormond vs Carnegie.

Comparing two suburbs with median house prices of $1,575,000 and $1,810,000. Ormond edges out on more headline metrics in this comparison.

Ormond (median $1,575,000) is roughly 13% cheaper to buy into than Carnegie ($1,810,000).

Carnegie scores higher on walkability (46/100 vs 100/100 ), useful if you're optimising for a car-light household. On school quality, the average ICSEA across schools serving Ormond (1128) sits above Carnegie (1121).

The takeWhich suburb suits which buyer

For buyers

Ormond is the lower entry point at $1,575,000 median, 13% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.

For investors

Carnegie offers the higher gross rental yield (1.64% vs 1.52%), favouring cash-flow investors.

For families

Ormond edges out on average school ICSEA (1128 vs 1121).

Common questionsOrmond vs Carnegie

Common questions

Is Ormond or Carnegie cheaper to buy in?

Ormond has the lower median house price at $1,575,000, roughly 13% below Carnegie ($1,810,000). The gap on units is usually similar but worth checking on the full suburb profiles.

Does Ormond or Carnegie have better schools?

On average school ICSEA (the ACARA index that benchmarks educational advantage), Ormond scores 1128 vs 1121 in Carnegie. 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, Ormond or Carnegie?

Carnegie scores 100/100 on walkability vs 46/100. 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, Ormond or Carnegie?

Gross rental yield on houses is 1.64% in Carnegie vs 1.52% in Ormond. 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

Ormond
Metric
Carnegie

Price & Market

$1,575,000
Median house
$1,810,000
$650,000
Median unit
$683,000
+0.0%
Annual growth (house)
+0.0%
Days on market

Rental

$461/wk
Rent (house / wk)
$570/wk
$395/wk
Rent (unit / wk)
$395/wk
61.0%
Owner occupied
55.0%
37.0%
Renter occupied
42.0%

Lifestyle & Demographics

46
Walk score
100
30
Transit score
90
100
Bike score
100
8,328
Population
17,909
37
Median age
36

Risk & Hazard

Flood class
Bushfire risk

Schools

20
Schools nearby
20
1128
Avg ICSEA
1121

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).