Ottoway vs Pennington

Ottoway (median $800,500) is roughly 17% cheaper to buy into than Pennington ($960,000). Over the past year, Pennington (+21.1%) ran 17.1 percentage points ahead of Ottoway (+4%) on house-price growth.

Buying in Ottoway or Pennington?

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Ottoway and Pennington side by side

MeasureOttowayPennington
Price and market
Median house$800,500$960,000
Median unit$228,240$228,240
House price change, 12 months+4.0%+21.1%
Renting
House rent$622/wk$500/wk
Unit rent$480/wk$408/wk
Owner occupied62.0%59.0%
Renter occupied34.0%39.0%
Schools
Schools nearby2020
Average ICSEA993992
Lifestyle and people
Walk score–72
Transit score–0
Bike score–100
Population2,7833,773
Median age3741
Climate
Annual rainfall403 mm403 mm
Mean max, January29.9°C29.9°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

On school quality, the average ICSEA across schools serving Ottoway (993) sits above Pennington (992).

For buyers
Ottoway is the lower entry point at $800,500 median, 17% 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: Ottoway delivers the better gross yield (4.04% vs 2.71%), but Pennington 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
Ottoway edges out on average school ICSEA (993 vs 992).

Ottoway vs Pennington: common questions

Is Ottoway or Pennington cheaper to buy in?

Ottoway has the lower median house price at $800,500, roughly 17% below Pennington ($960,000). The gap on units is usually similar but worth checking on the full suburb profiles.

Which has stronger property growth, Ottoway or Pennington?

Over the past 12 months, Pennington grew +21.1% vs +4% in Ottoway, a gap of 17.1 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 Ottoway or Pennington have better schools?

On average school ICSEA (the ACARA index that benchmarks educational advantage), Ottoway scores 993 vs 992 in Pennington. 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 suburb has higher rental yield, Ottoway or Pennington?

Gross rental yield on houses is 4.04% in Ottoway vs 2.71% in Pennington. 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.