Point Lonsdale vs Ocean Grove.
Comparing two suburbs with median house prices of $1,200,000 and $960,000. Ocean Grove edges out on more headline metrics in this comparison.
Ocean Grove (median $960,000) is roughly 25% cheaper to buy into than Point Lonsdale ($1,200,000).
Ocean Grove scores higher on walkability (0/100 vs 16/100 ), useful if you're optimising for a car-light household. On school quality, the average ICSEA across schools serving Point Lonsdale (1101) sits above Ocean Grove (1074).
For buyers
Ocean Grove is the lower entry point at $960,000 median, 25% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.
For investors
Ocean Grove offers the higher gross rental yield (2.98% vs 1.73%), favouring cash-flow investors.
For families
Point Lonsdale edges out on average school ICSEA (1101 vs 1074).
Common questions
Is Point Lonsdale or Ocean Grove cheaper to buy in?
Ocean Grove has the lower median house price at $960,000, roughly 25% below Point Lonsdale ($1,200,000). The gap on units is usually similar but worth checking on the full suburb profiles.
Does Point Lonsdale or Ocean Grove have better schools?
On average school ICSEA (the ACARA index that benchmarks educational advantage), Point Lonsdale scores 1101 vs 1074 in Ocean Grove. 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, Point Lonsdale or Ocean Grove?
Ocean Grove scores 16/100 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, Point Lonsdale or Ocean Grove?
Gross rental yield on houses is 2.98% in Ocean Grove vs 1.73% in Point Lonsdale. 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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