Side by sideSuburb comparison

Redwood Park vs Modbury Heights.

Comparing two suburbs with median house prices of $850,000 and $912,500. Redwood Park edges out on more headline metrics in this comparison.

Redwood Park (median $850,000) is roughly 7% cheaper to buy into than Modbury Heights ($912,500). Over the past year, Redwood Park (+12.7%) ran 4.1 percentage points ahead of Modbury Heights (+8.6%) on house-price growth.

Redwood Park scores higher on walkability (22/100 vs 2/100 ), useful if you're optimising for a car-light household. On school quality, the average ICSEA across schools serving Redwood Park (1035) sits above Modbury Heights (1028).

The takeWhich suburb suits which buyer

For buyers

Redwood Park is the lower entry point at $850,000 median, 7% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.

For investors

Redwood Park carries both higher gross yield (3.67% vs 3.57%) and stronger 12-month growth. On the headline numbers, it's the cleaner investor case of the two.

For families

Redwood Park edges out on average school ICSEA (1035 vs 1028).

Common questionsRedwood Park vs Modbury Heights

Common questions

Is Redwood Park or Modbury Heights cheaper to buy in?

Redwood Park has the lower median house price at $850,000, roughly 7% below Modbury Heights ($912,500). The gap on units is usually similar but worth checking on the full suburb profiles.

Which has stronger property growth, Redwood Park or Modbury Heights?

Over the past 12 months, Redwood Park grew +12.7% vs +8.6% in Modbury Heights, a gap of 4.1 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 Redwood Park or Modbury Heights have better schools?

On average school ICSEA (the ACARA index that benchmarks educational advantage), Redwood Park scores 1035 vs 1028 in Modbury Heights. 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, Redwood Park or Modbury Heights?

Redwood Park scores 22/100 on walkability vs 2/100. 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, Redwood Park or Modbury Heights?

Gross rental yield on houses is 3.67% in Redwood Park vs 3.57% in Modbury Heights. 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

Redwood Park
Metric
Modbury Heights

Price & Market

$850,000
Median house
$912,500
$237,600
Median unit
$233,280
+12.7%
Annual growth (house)
+8.6%
Days on market

Rental

$600/wk
Rent (house / wk)
$627/wk
$350/wk
Rent (unit / wk)
$565/wk
87.0%
Owner occupied
81.0%
11.0%
Renter occupied
17.0%

Lifestyle & Demographics

22
Walk score
2
0
Transit score
0
85
Bike score
100
5,367
Population
6,995
40
Median age
40

Risk & Hazard

Flood class
Bushfire risk

Schools

20
Schools nearby
20
1035
Avg ICSEA
1028

Climate

448 mm
Annual rainfall
448 mm
27.9°C
Mean max (Jan)
27.9°C

Green dot = better on that metric (lower price, higher growth, higher walkability, lower risk).