Osborne vs Peterhead.
Comparing two suburbs with median house prices of $880,000 and $798,000.
Peterhead (median $798,000) is roughly 10% cheaper to buy into than Osborne ($880,000). Over the past year, Osborne (+15.4%) ran 20.4 percentage points ahead of Peterhead (-5%) on house-price growth.
Osborne scores higher on walkability (18/100 vs 12/100 ), useful if you're optimising for a car-light household. On school quality, the average ICSEA across schools serving Peterhead (991) sits above Osborne (988).
For buyers
Peterhead is the lower entry point at $798,000 median, 10% 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: Peterhead delivers the better gross yield (3.91% vs 3.53%), but Osborne 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
Peterhead edges out on average school ICSEA (991 vs 988).
Common questions
Is Osborne or Peterhead cheaper to buy in?
Peterhead has the lower median house price at $798,000, roughly 10% below Osborne ($880,000). The gap on units is usually similar but worth checking on the full suburb profiles.
Which has stronger property growth, Osborne or Peterhead?
Over the past 12 months, Osborne grew +15.4% vs -5% in Peterhead, a gap of 20.4 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 Osborne or Peterhead have better schools?
On average school ICSEA (the ACARA index that benchmarks educational advantage), Peterhead scores 991 vs 988 in Osborne. 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, Osborne or Peterhead?
Osborne scores 18/100 on walkability vs 12/100. 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, Osborne or Peterhead?
Gross rental yield on houses is 3.91% in Peterhead vs 3.53% in Osborne. 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
Price & Market
Rental
Lifestyle & Demographics
Risk & Hazard
Schools
Climate
Green dot = better on that metric (lower price, higher growth, higher walkability, lower risk).
Compare Osborne against another suburb