Redwood Park vs Tea Tree Gully
Redwood Park (median $900,000) is roughly 9% cheaper to buy into than Tea Tree Gully ($985,000). Over the past year, Redwood Park (+19.1%) ran 17.0 percentage points ahead of Tea Tree Gully (+2.1%) on house-price growth.
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Redwood Park and Tea Tree Gully side by side
| Measure | Redwood Park | Tea Tree Gully |
|---|---|---|
| Price and market | ||
| Median house | $900,000 | $985,000 |
| Median unit | $237,600 | $250,560 |
| House price change, 12 months | +19.1% | +2.1% |
| Renting | ||
| House rent | $600/wk | $635/wk |
| Unit rent | $465/wk | $390/wk |
| Owner occupied | 87.0% | 84.0% |
| Renter occupied | 11.0% | 14.0% |
| Schools | ||
| Schools nearby | 20 | 20 |
| Average ICSEA | 1035 | 1034 |
| Lifestyle and people | ||
| Walk score | 22 | 14 |
| Transit score | 0 | 0 |
| Bike score | 85 | 25 |
| Population | 5,367 | 3,499 |
| Median age | 40 | 44 |
| Climate | ||
| Annual rainfall | 547 mm | 699 mm |
| Mean max, January | 29.6°C | 28.3°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
Redwood Park scores higher on walkability (22/100 vs 14/100 ), useful if you're optimising for a car-light household. On school quality, the average ICSEA across schools serving Redwood Park (1035) sits above Tea Tree Gully (1034).
- For buyers
- Redwood Park is the lower entry point at $900,000 median, 9% 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 (3.47% vs 3.35%) 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 1034).
Redwood Park vs Tea Tree Gully: common questions
Is Redwood Park or Tea Tree Gully cheaper to buy in?
Redwood Park has the lower median house price at $900,000, roughly 9% below Tea Tree Gully ($985,000). The gap on units is usually similar but worth checking on the full suburb profiles.
Which has stronger property growth, Redwood Park or Tea Tree Gully?
Over the past 12 months, Redwood Park grew +19.1% vs +2.1% in Tea Tree Gully, a gap of 17.0 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 Tea Tree Gully have better schools?
On average school ICSEA (the ACARA index that benchmarks educational advantage), Redwood Park scores 1035 vs 1034 in Tea Tree Gully. 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 Tea Tree Gully?
Redwood Park scores 22/100 on walkability vs 14/100. 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 Tea Tree Gully?
Gross rental yield on houses is 3.47% in Redwood Park vs 3.35% in Tea Tree Gully. 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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