Side by sideSuburb comparison

Tralee vs Jerrabomberra.

Comparing two suburbs with median house prices of $835,000 and $1,172,500. Tralee edges out on more headline metrics in this comparison.

Tralee (median $835,000) is roughly 29% cheaper to buy into than Jerrabomberra ($1,172,500). Over the past year, Tralee (+5.7%) ran 11.9 percentage points ahead of Jerrabomberra (-6.2%) on house-price growth.

Jerrabomberra scores higher on walkability (0/100 vs 16/100 ), useful if you're optimising for a car-light household. On school quality, the average ICSEA across schools serving Tralee (1045) sits above Jerrabomberra (1041).

The takeWhich suburb suits which buyer

For buyers

Tralee is the lower entry point at $835,000 median, 29% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.

For investors

Investors face a yield-versus-growth split: Jerrabomberra delivers the better gross yield (3.64% vs 1.87%), but Tralee has run faster on capital growth this year. The right pick depends on whether you're optimising for cash flow or capital appreciation.

For families

Tralee edges out on average school ICSEA (1045 vs 1041).

Common questionsTralee vs Jerrabomberra

Common questions

Is Tralee or Jerrabomberra cheaper to buy in?

Tralee has the lower median house price at $835,000, roughly 29% below Jerrabomberra ($1,172,500). The gap on units is usually similar but worth checking on the full suburb profiles.

Which has stronger property growth, Tralee or Jerrabomberra?

Over the past 12 months, Tralee grew +5.7% vs -6.2% in Jerrabomberra, a gap of 11.9 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 Tralee or Jerrabomberra have better schools?

On average school ICSEA (the ACARA index that benchmarks educational advantage), Tralee scores 1045 vs 1041 in Jerrabomberra. 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, Tralee or Jerrabomberra?

Jerrabomberra scores 16/100 on walkability vs 0/100. 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, Tralee or Jerrabomberra?

Gross rental yield on houses is 3.64% in Jerrabomberra vs 1.87% in Tralee. 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

Tralee
Metric
Jerrabomberra

Price & Market

$835,000
Median house
$1,172,500
Median unit
$380,880
+5.7%
Annual growth (house)
-6.2%
Days on market

Rental

$300/wk
Rent (house / wk)
$820/wk
$300/wk
Rent (unit / wk)
$490/wk
Owner occupied
80.0%
Renter occupied
19.0%

Lifestyle & Demographics

0
Walk score
16
0
Transit score
0
100
Bike score
100
Population
9,601
32
Median age
38

Risk & Hazard

Flood class
Bushfire risk

Schools

20
Schools nearby
20
1045
Avg ICSEA
1041

Climate

Annual rainfall
Mean max (Jan)

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