Pennington vs Ottoway
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 Pennington or Ottoway?
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Pennington and Ottoway side by side
| Measure | Pennington | Ottoway |
|---|---|---|
| Price and market | ||
| Median house | $960,000 | $800,500 |
| Median unit | $228,240 | $228,240 |
| House price change, 12 months | +21.1% | +4.0% |
| Renting | ||
| House rent | $500/wk | $622/wk |
| Unit rent | $408/wk | $480/wk |
| Owner occupied | 59.0% | 62.0% |
| Renter occupied | 39.0% | 34.0% |
| Schools | ||
| Schools nearby | 20 | 20 |
| Average ICSEA | 992 | 993 |
| Lifestyle and people | ||
| Walk score | 72 | – |
| Transit score | 0 | – |
| Bike score | 100 | – |
| Population | 3,773 | 2,783 |
| Median age | 41 | 37 |
| Climate | ||
| Annual rainfall | 403 mm | 403 mm |
| Mean max, January | 29.9°C | 29.9°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).
Pennington vs Ottoway: common questions
Is Pennington or Ottoway 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, Pennington or Ottoway?
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 Pennington or Ottoway 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, Pennington or Ottoway?
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.
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