Side by sideSuburb comparison

Run-O-Waters vs Baw Baw.

Comparing two suburbs with median house prices of $1,450,000 and $1,467,500. Run-O-Waters edges out on more headline metrics in this comparison.

Run-O-Waters (median $1,450,000) is roughly 1% cheaper to buy into than Baw Baw ($1,467,500). Over the past year, Baw Baw (+1.2%) ran 3.7 percentage points ahead of Run-O-Waters (-2.5%) on house-price growth.

On school quality, the average ICSEA across schools serving Run-O-Waters (970) sits above Baw Baw (969). Run-O-Waters skews owner-occupied (93%), Baw Baw runs more rental-dense (82% owner).

The takeWhich suburb suits which buyer

For buyers

Run-O-Waters is the lower entry point at $1,450,000 median, 1% 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: Run-O-Waters delivers the better gross yield (1.97% vs 1.95%), but Baw Baw 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

Run-O-Waters edges out on average school ICSEA (970 vs 969).

Common questionsRun-O-Waters vs Baw Baw

Common questions

Is Run-O-Waters or Baw Baw cheaper to buy in?

Run-O-Waters has the lower median house price at $1,450,000, roughly 1% below Baw Baw ($1,467,500). The gap on units is usually similar but worth checking on the full suburb profiles.

Which has stronger property growth, Run-O-Waters or Baw Baw?

Over the past 12 months, Baw Baw grew +1.2% vs -2.5% in Run-O-Waters, a gap of 3.7 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 Run-O-Waters or Baw Baw have better schools?

On average school ICSEA (the ACARA index that benchmarks educational advantage), Run-O-Waters scores 970 vs 969 in Baw Baw. 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, Run-O-Waters or Baw Baw?

Gross rental yield on houses is 1.97% in Run-O-Waters vs 1.95% in Baw Baw. 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

Run-O-Waters
Metric
Baw Baw

Price & Market

$1,450,000
Median house
$1,467,500
$269,280
Median unit
$269,280
-2.5%
Annual growth (house)
+1.2%
Days on market

Rental

$550/wk
Rent (house / wk)
$550/wk
$420/wk
Rent (unit / wk)
$420/wk
93.0%
Owner occupied
82.0%
7.0%
Renter occupied
7.0%

Lifestyle & Demographics

0
Walk score
0
0
Transit score
0
0
Bike score
0
605
Population
271
46
Median age
45

Risk & Hazard

Flood class
Bushfire risk

Schools

15
Schools nearby
11
970
Avg ICSEA
969

Climate

Annual rainfall
Mean max (Jan)

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