Pearce vs Phillip

Phillip (median $396,000) is roughly 69% cheaper to buy into than Pearce ($1,276,000).

Buying in Pearce or Phillip?

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Pearce and Phillip side by side

MeasurePearcePhillip
Price and market
Median house$1,276,000$396,000
Median unit$720,000$575,000
Renting
House rent$440/wk$430/wk
Unit rent$430/wk$440/wk
Owner occupied73.0%49.0%
Renter occupied25.0%49.0%
Schools
Schools nearby2020
Average ICSEA11031108
Lifestyle and people
Walk score100100
Transit score100100
Bike score100100
Population2,6875,197
Median age4332
Climate
Annual rainfall642 mm642 mm
Mean max, January28.9°C28.9°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 Phillip (1108) sits above Pearce (1103). Pearce skews owner-occupied (73%), Phillip runs more rental-dense (49% owner).

For buyers
Phillip is the lower entry point at $396,000 median, 69% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.
For investors
Phillip offers the higher gross rental yield (5.65% vs 1.79%), favouring cash-flow investors.
For families
Phillip edges out on average school ICSEA (1108 vs 1103). Pearce also has a higher family-household share (68% vs 50%), so the catchment community skews family-heavy.

Pearce vs Phillip: common questions

Is Pearce or Phillip cheaper to buy in?

Phillip has the lower median house price at $396,000, roughly 69% below Pearce ($1,276,000). The gap on units is usually similar but worth checking on the full suburb profiles.

Does Pearce or Phillip have better schools?

On average school ICSEA (the ACARA index that benchmarks educational advantage), Phillip scores 1108 vs 1103 in Pearce. 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, Pearce or Phillip?

Gross rental yield on houses is 5.65% in Phillip vs 1.79% in Pearce. 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.