Side by sideSuburb comparison

Tea Tree Gully vs Redwood Park.

Comparing two suburbs with median house prices of $900,000 and $850,000. Redwood Park edges out on more headline metrics in this comparison.

Redwood Park (median $850,000) is roughly 6% cheaper to buy into than Tea Tree Gully ($900,000). Over the past year, Redwood Park (+12.7%) ran 6.2 percentage points ahead of Tea Tree Gully (+6.5%) on house-price growth.

Redwood Park scores higher on walkability (14/100 vs 22/100 ), useful if you're optimising for a car-light household. On school quality, the average ICSEA across schools serving Redwood Park (1035) sits above Tea Tree Gully (1034).

The takeWhich suburb suits which buyer

For buyers

Redwood Park is the lower entry point at $850,000 median, 6% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.

For investors

Redwood Park carries both higher gross yield (3.67% vs 3.67%) and stronger 12-month growth. On the headline numbers, it's the cleaner investor case of the two.

For families

Redwood Park edges out on average school ICSEA (1035 vs 1034).

Common questionsTea Tree Gully vs Redwood Park

Common questions

Is Tea Tree Gully or Redwood Park cheaper to buy in?

Redwood Park has the lower median house price at $850,000, roughly 6% below Tea Tree Gully ($900,000). The gap on units is usually similar but worth checking on the full suburb profiles.

Which has stronger property growth, Tea Tree Gully or Redwood Park?

Over the past 12 months, Redwood Park grew +12.7% vs +6.5% in Tea Tree Gully, a gap of 6.2 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 Tea Tree Gully or Redwood Park have better schools?

On average school ICSEA (the ACARA index that benchmarks educational advantage), Redwood Park scores 1035 vs 1034 in Tea Tree Gully. 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, Tea Tree Gully or Redwood Park?

Redwood Park scores 22/100 on walkability vs 14/100. 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, Tea Tree Gully or Redwood Park?

Gross rental yield on houses is 3.67% in Redwood Park vs 3.67% in Tea Tree Gully. 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

Tea Tree Gully
Metric
Redwood Park

Price & Market

$900,000
Median house
$850,000
$250,560
Median unit
$237,600
+6.5%
Annual growth (house)
+12.7%
Days on market

Rental

$635/wk
Rent (house / wk)
$600/wk
$505/wk
Rent (unit / wk)
$350/wk
84.0%
Owner occupied
87.0%
14.0%
Renter occupied
11.0%

Lifestyle & Demographics

14
Walk score
22
0
Transit score
0
25
Bike score
85
3,499
Population
5,367
44
Median age
40

Risk & Hazard

Flood class
Bushfire risk

Schools

20
Schools nearby
20
1034
Avg ICSEA
1035

Climate

448 mm
Annual rainfall
448 mm
27.9°C
Mean max (Jan)
27.9°C

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