Pitt Town vs Oakville.
Comparing two suburbs with median house prices of $1,780,000 and $1,180,000.
Oakville (median $1,180,000) is roughly 51% cheaper to buy into than Pitt Town ($1,780,000). Over the past year, Pitt Town (-3.8%) ran 0.7 percentage points ahead of Oakville (-4.5%) on house-price growth.
Pitt Town scores higher on walkability (14/100 vs 0/100 ), useful if you're optimising for a car-light household. On school quality, the average ICSEA across schools serving Oakville (1009) sits above Pitt Town (997).
For buyers
Oakville is the lower entry point at $1,180,000 median, 51% 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: Oakville delivers the better gross yield (3.75% vs 2.10%), but Pitt Town 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
Oakville edges out on average school ICSEA (1009 vs 997).
Common questions
Is Pitt Town or Oakville cheaper to buy in?
Oakville has the lower median house price at $1,180,000, roughly 51% below Pitt Town ($1,780,000). The gap on units is usually similar but worth checking on the full suburb profiles.
Which has stronger property growth, Pitt Town or Oakville?
Over the past 12 months, Pitt Town grew -3.8% vs -4.5% in Oakville, a gap of 0.7 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 Pitt Town or Oakville have better schools?
On average school ICSEA (the ACARA index that benchmarks educational advantage), Oakville scores 1009 vs 997 in Pitt Town. 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, Pitt Town or Oakville?
Pitt Town scores 14/100 on walkability vs 0/100. 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, Pitt Town or Oakville?
Gross rental yield on houses is 3.75% in Oakville vs 2.10% in Pitt Town. 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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