Side by sideSuburb comparison

Waitui vs Stewarts River.

Comparing two suburbs with median house prices of $862,500 and $1,125,000.

Waitui (median $862,500) is roughly 23% cheaper to buy into than Stewarts River ($1,125,000).

On school quality, the average ICSEA across schools serving Stewarts River (947) sits above Waitui (937). Waitui skews owner-occupied (100%), Stewarts River runs more rental-dense (88% owner).

The takeWhich suburb suits which buyer

For buyers

Waitui is the lower entry point at $862,500 median, 23% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.

For investors

Waitui offers the higher gross rental yield (1.99% vs 1.53%), favouring cash-flow investors.

For families

Stewarts River edges out on average school ICSEA (947 vs 937).

Common questionsWaitui vs Stewarts River

Common questions

Is Waitui or Stewarts River cheaper to buy in?

Waitui has the lower median house price at $862,500, roughly 23% below Stewarts River ($1,125,000). The gap on units is usually similar but worth checking on the full suburb profiles.

Does Waitui or Stewarts River have better schools?

On average school ICSEA (the ACARA index that benchmarks educational advantage), Stewarts River scores 947 vs 937 in Waitui. 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, Waitui or Stewarts River?

Gross rental yield on houses is 1.99% in Waitui vs 1.53% in Stewarts River. 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

Waitui
Metric
Stewarts River

Price & Market

$862,500
Median house
$1,125,000
$240,480
Median unit
$240,480
+0.0%
Annual growth (house)
+0.0%
Days on market

Rental

$330/wk
Rent (house / wk)
$330/wk
$325/wk
Rent (unit / wk)
$320/wk
100.0%
Owner occupied
88.0%
9.0%
Renter occupied
16.0%

Lifestyle & Demographics

0
Walk score
0
0
Transit score
0
0
Bike score
0
89
Population
126
50
Median age
49

Risk & Hazard

Flood class
Bushfire risk

Schools

8
Schools nearby
12
937
Avg ICSEA
947

Climate

Annual rainfall
Mean max (Jan)

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