Sanctuary Point vs Old Erowal Bay.
Comparing two suburbs with median house prices of $700,000 and $685,714. Sanctuary Point edges out on more headline metrics in this comparison.
Old Erowal Bay (median $685,714) is roughly 2% cheaper to buy into than Sanctuary Point ($700,000). Over the past year, Sanctuary Point (+0.7%) ran 4.8 percentage points ahead of Old Erowal Bay (-4.1%) on house-price growth.
Sanctuary Point scores higher on walkability (14/100 vs 0/100 ), useful if you're optimising for a car-light household. On school quality, the average ICSEA across schools serving Sanctuary Point (943) sits above Old Erowal Bay (941).
For buyers
Old Erowal Bay is the lower entry point at $685,714 median, 2% 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: Old Erowal Bay delivers the better gross yield (4.63% vs 4.53%), but Sanctuary Point 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
Sanctuary Point edges out on average school ICSEA (943 vs 941).
Common questions
Is Sanctuary Point or Old Erowal Bay cheaper to buy in?
Old Erowal Bay has the lower median house price at $685,714, roughly 2% below Sanctuary Point ($700,000). The gap on units is usually similar but worth checking on the full suburb profiles.
Which has stronger property growth, Sanctuary Point or Old Erowal Bay?
Over the past 12 months, Sanctuary Point grew +0.7% vs -4.1% in Old Erowal Bay, a gap of 4.8 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 Sanctuary Point or Old Erowal Bay have better schools?
On average school ICSEA (the ACARA index that benchmarks educational advantage), Sanctuary Point scores 943 vs 941 in Old Erowal Bay. 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, Sanctuary Point or Old Erowal Bay?
Sanctuary Point scores 14/100 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, Sanctuary Point or Old Erowal Bay?
Gross rental yield on houses is 4.63% in Old Erowal Bay vs 4.53% in Sanctuary Point. 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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