Side by sideSuburb comparison

Wagaman vs Wulagi.

Comparing two suburbs with median house prices of $470,000 and $532,500. Wagaman edges out on more headline metrics in this comparison.

Wagaman (median $470,000) is roughly 12% cheaper to buy into than Wulagi ($532,500).

On school quality, the average ICSEA across schools serving Wagaman (956) sits above Wulagi (943). Wulagi skews owner-occupied (70%), Wagaman runs more rental-dense (55% owner).

The takeWhich suburb suits which buyer

For buyers

Wagaman is the lower entry point at $470,000 median, 12% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.

For investors

Wagaman offers the higher gross rental yield (3.82% vs 3.52%), favouring cash-flow investors.

For families

Wagaman edges out on average school ICSEA (956 vs 943).

Common questionsWagaman vs Wulagi

Common questions

Is Wagaman or Wulagi cheaper to buy in?

Wagaman has the lower median house price at $470,000, roughly 12% below Wulagi ($532,500). The gap on units is usually similar but worth checking on the full suburb profiles.

Does Wagaman or Wulagi have better schools?

On average school ICSEA (the ACARA index that benchmarks educational advantage), Wagaman scores 956 vs 943 in Wulagi. 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 suburb has higher rental yield, Wagaman or Wulagi?

Gross rental yield on houses is 3.82% in Wagaman vs 3.52% in Wulagi. 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

Wagaman
Metric
Wulagi

Price & Market

$470,000
Median house
$532,500
$326,160
Median unit
$316,800
+0.0%
Annual growth (house)
+0.0%
Days on market

Rental

$345/wk
Rent (house / wk)
$360/wk
$340/wk
Rent (unit / wk)
$425/wk
55.0%
Owner occupied
70.0%
40.0%
Renter occupied
27.0%

Lifestyle & Demographics

18
Walk score
18
0
Transit score
0
100
Bike score
100
2,023
Population
2,510
35
Median age
36

Risk & Hazard

Flood class
Bushfire risk

Schools

20
Schools nearby
20
956
Avg ICSEA
943

Climate

1705 mm
Annual rainfall
1705 mm
31.8°C
Mean max (Jan)
31.8°C

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