Side by sideSuburb comparison

Spearwood vs North Coogee.

Comparing two suburbs with median house prices of $700,000 and $1,650,000. Spearwood edges out on more headline metrics in this comparison.

Spearwood (median $700,000) is roughly 58% cheaper to buy into than North Coogee ($1,650,000).

Spearwood scores higher on walkability (10/100 vs 8/100 ), useful if you're optimising for a car-light household. On school quality, the average ICSEA across schools serving North Coogee (1022) sits above Spearwood (1017).

The takeWhich suburb suits which buyer

For buyers

Spearwood is the lower entry point at $700,000 median, 58% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.

For investors

Spearwood offers the higher gross rental yield (2.60% vs 1.10%), favouring cash-flow investors.

For families

North Coogee edges out on average school ICSEA (1022 vs 1017).

Common questionsSpearwood vs North Coogee

Common questions

Is Spearwood or North Coogee cheaper to buy in?

Spearwood has the lower median house price at $700,000, roughly 58% below North Coogee ($1,650,000). The gap on units is usually similar but worth checking on the full suburb profiles.

Does Spearwood or North Coogee have better schools?

On average school ICSEA (the ACARA index that benchmarks educational advantage), North Coogee scores 1022 vs 1017 in Spearwood. 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, Spearwood or North Coogee?

Spearwood scores 10/100 on walkability vs 8/100. 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, Spearwood or North Coogee?

Gross rental yield on houses is 2.60% in Spearwood vs 1.10% in North Coogee. 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

Spearwood
Metric
North Coogee

Price & Market

$700,000
Median house
$1,650,000
$395,000
Median unit
$575,000
+0.0%
Annual growth (house)
+0.0%
Days on market

Rental

$350/wk
Rent (house / wk)
$350/wk
$350/wk
Rent (unit / wk)
$460/wk
69.0%
Owner occupied
73.0%
29.0%
Renter occupied
26.0%

Lifestyle & Demographics

10
Walk score
8
30
Transit score
0
100
Bike score
100
10,944
Population
3,741
41
Median age
46

Risk & Hazard

Flood class
Bushfire risk

Schools

20
Schools nearby
20
1017
Avg ICSEA
1022

Climate

777 mm
Annual rainfall
777 mm
31.7°C
Mean max (Jan)
31.7°C

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