South Melbourne vs South Wharf

On school quality, the average ICSEA across schools serving South Melbourne (1124) sits above South Wharf (1078). South Melbourne skews owner-occupied (42%), South Wharf runs more rental-dense (30% owner).

Buying in South Melbourne or South Wharf?

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South Melbourne and South Wharf side by side

MeasureSouth MelbourneSouth Wharf
Price and market
Median house$1,760,000–
Median unit$587,500–
Renting
House rent$950/wk–
Unit rent$700/wk–
Owner occupied42.0%30.0%
Renter occupied55.0%61.0%
Schools
Schools nearby2020
Average ICSEA11241078
Lifestyle and people
Walk score–100
Transit score–100
Bike score–100
Population11,54871
Median age3934
Climate
Annual rainfall578 mm582 mm
Mean max, January26.6°C26.9°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

For buyers
We don't yet have verified suburb-level medians for one or both of these suburbs. Check the individual profiles for the data we do publish, and the methodology page for how we source it.
For investors
Rental or growth data is incomplete for one or both suburbs. Look at the full investor view on each suburb profile for a complete picture.
For families
South Melbourne edges out on average school ICSEA (1124 vs 1078). South Wharf also has a higher family-household share (87% vs 51%), so the catchment community skews family-heavy.

South Melbourne vs South Wharf: common questions

Does South Melbourne or South Wharf have better schools?

On average school ICSEA (the ACARA index that benchmarks educational advantage), South Melbourne scores 1124 vs 1078 in South Wharf. 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.