Stuart Park vs Parap
Stuart Park (median $820,000) is roughly 13% cheaper to buy into than Parap ($945,000).
Buying in Stuart Park or Parap?
Selling in Stuart Park? The free selling guide
Stuart Park and Parap side by side
| Measure | Stuart Park | Parap |
|---|---|---|
| Price and market | ||
| Median house | $820,000 | $945,000 |
| Median unit | $382,000 | $365,000 |
| Renting | ||
| House rent | $400/wk | $400/wk |
| Unit rent | $400/wk | $415/wk |
| Owner occupied | 41.0% | 36.0% |
| Renter occupied | 57.0% | 61.0% |
| Schools | ||
| Schools nearby | 20 | 20 |
| Average ICSEA | 1001 | 1001 |
| Lifestyle and people | ||
| Walk score | 34 | 32 |
| Transit score | 0 | 0 |
| Bike score | 100 | 100 |
| Population | 4,101 | 2,819 |
| Median age | 34 | 36 |
| Climate | ||
| Annual rainfall | 1737 mm | 1737 mm |
| Mean max, January | 32.0°C | 32.0°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
Stuart Park scores higher on walkability (34/100 vs 32/100 ), useful if you're optimising for a car-light household.
- For buyers
- Stuart Park is the lower entry point at $820,000 median, 13% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.
- For investors
- Stuart Park offers the higher gross rental yield (2.54% vs 2.20%), favouring cash-flow investors.
- For families
- School and household data is too similar between the two to call a winner on family fit. Check the individual profiles for street-level school catchments.
Stuart Park vs Parap: common questions
Is Stuart Park or Parap cheaper to buy in?
Stuart Park has the lower median house price at $820,000, roughly 13% below Parap ($945,000). The gap on units is usually similar but worth checking on the full suburb profiles.
Which is more walkable, Stuart Park or Parap?
Stuart Park scores 34/100 on walkability vs 32/100. 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, Stuart Park or Parap?
Gross rental yield on houses is 2.54% in Stuart Park vs 2.20% in Parap. 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.
Keep comparing
The two suburbs
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