Red Head vs Diamond Beach.
Comparing two suburbs with median house prices of $980,000 and $852,500. Red Head edges out on more headline metrics in this comparison.
Diamond Beach (median $852,500) is roughly 15% cheaper to buy into than Red Head ($980,000). Over the past year, Red Head (+14%) ran 16.6 percentage points ahead of Diamond Beach (-2.6%) on house-price growth.
On school quality, the average ICSEA across schools serving Red Head (937) sits above Diamond Beach (926).
For buyers
Diamond Beach is the lower entry point at $852,500 median, 15% 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: Diamond Beach delivers the better gross yield (3.57% vs 3.10%), but Red Head 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
Red Head edges out on average school ICSEA (937 vs 926).
Common questions
Is Red Head or Diamond Beach cheaper to buy in?
Diamond Beach has the lower median house price at $852,500, roughly 15% below Red Head ($980,000). The gap on units is usually similar but worth checking on the full suburb profiles.
Which has stronger property growth, Red Head or Diamond Beach?
Over the past 12 months, Red Head grew +14% vs -2.6% in Diamond Beach, a gap of 16.6 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 Red Head or Diamond Beach have better schools?
On average school ICSEA (the ACARA index that benchmarks educational advantage), Red Head scores 937 vs 926 in Diamond Beach. 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, Red Head or Diamond Beach?
Gross rental yield on houses is 3.57% in Diamond Beach vs 3.10% in Red Head. 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).
Compare Red Head against another suburb