Stepney vs St Peters

Stepney (median $1,379,750) is roughly 52% cheaper to buy into than St Peters ($2,853,000).

Buying in Stepney or St Peters?

The free buying guide: what you can really spend, the schemes and stamp duty in your state, inspecting, and making the offer.
Get the free buying guide

Selling in Stepney? The free selling guide

Stepney and St Peters side by side

MeasureStepneySt Peters
Price and market
Median house$1,379,750$2,853,000
Median unit$344,880$344,880
House price change, 12 months+2.1%–
Renting
House rent$695/wk$790/wk
Unit rent$600/wk$515/wk
Owner occupied60.0%71.0%
Renter occupied36.0%27.0%
Schools
Schools nearby2020
Average ICSEA11191103
Lifestyle and people
Walk score10056
Transit score00
Bike score100100
Population9423,231
Median age3943
Climate
Annual rainfall535 mm485 mm
Mean max, January29.8°C29.8°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

Stepney scores higher on walkability (100/100 vs 56/100 ), useful if you're optimising for a car-light household. On school quality, the average ICSEA across schools serving Stepney (1119) sits above St Peters (1103). St Peters skews owner-occupied (71%), Stepney runs more rental-dense (60% owner).

For buyers
Stepney is the lower entry point at $1,379,750 median, 52% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.
For investors
Stepney offers the higher gross rental yield (2.62% vs 1.44%), favouring cash-flow investors.
For families
Stepney edges out on average school ICSEA (1119 vs 1103). St Peters also has a higher family-household share (70% vs 54%), so the catchment community skews family-heavy.

Stepney vs St Peters: common questions

Is Stepney or St Peters cheaper to buy in?

Stepney has the lower median house price at $1,379,750, roughly 52% below St Peters ($2,853,000). The gap on units is usually similar but worth checking on the full suburb profiles.

Does Stepney or St Peters have better schools?

On average school ICSEA (the ACARA index that benchmarks educational advantage), Stepney scores 1119 vs 1103 in St Peters. 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, Stepney or St Peters?

Stepney scores 100/100 on walkability vs 56/100. 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, Stepney or St Peters?

Gross rental yield on houses is 2.62% in Stepney vs 1.44% in St Peters. 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.