Parklea vs Stanhope Gardens.
Comparing two suburbs with median house prices of $1,432,500 and $1,525,000.
Parklea (median $1,432,500) is roughly 6% cheaper to buy into than Stanhope Gardens ($1,525,000). Over the past year, Parklea (-1.3%) ran 1.6 percentage points ahead of Stanhope Gardens (-2.9%) on house-price growth.
Stanhope Gardens scores higher on walkability (2/100 vs 100/100 ), useful if you're optimising for a car-light household. On school quality, the average ICSEA across schools serving Stanhope Gardens (1098) sits above Parklea (1085).
For buyers
Parklea is the lower entry point at $1,432,500 median, 6% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.
For investors
Parklea carries both higher gross yield (3.19% vs 2.99%) and stronger 12-month growth. On the headline numbers, it's the cleaner investor case of the two.
For families
Stanhope Gardens edges out on average school ICSEA (1098 vs 1085).
Common questions
Is Parklea or Stanhope Gardens cheaper to buy in?
Parklea has the lower median house price at $1,432,500, roughly 6% below Stanhope Gardens ($1,525,000). The gap on units is usually similar but worth checking on the full suburb profiles.
Which has stronger property growth, Parklea or Stanhope Gardens?
Over the past 12 months, Parklea grew -1.3% vs -2.9% in Stanhope Gardens, a gap of 1.6 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 Parklea or Stanhope Gardens have better schools?
On average school ICSEA (the ACARA index that benchmarks educational advantage), Stanhope Gardens scores 1098 vs 1085 in Parklea. 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, Parklea or Stanhope Gardens?
Stanhope Gardens scores 100/100 on walkability vs 2/100. 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, Parklea or Stanhope Gardens?
Gross rental yield on houses is 3.19% in Parklea vs 2.99% in Stanhope Gardens. 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).
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