Wallabi Point vs Old Bar.
Comparing two suburbs with median house prices of $1,015,000 and $795,000. Old Bar edges out on more headline metrics in this comparison.
Old Bar (median $795,000) is roughly 28% cheaper to buy into than Wallabi Point ($1,015,000). Over the past year, Wallabi Point (+5.2%) ran 3.6 percentage points ahead of Old Bar (+1.6%) on house-price growth.
Old Bar scores higher on walkability (0/100 vs 10/100 ), useful if you're optimising for a car-light household. On school quality, the average ICSEA across schools serving Old Bar (972) sits above Wallabi Point (927).
For buyers
Old Bar is the lower entry point at $795,000 median, 28% 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: Old Bar delivers the better gross yield (3.83% vs 3.00%), but Wallabi Point 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
Old Bar edges out on average school ICSEA (972 vs 927). Wallabi Point also has a higher family-household share (80% vs 66%), so the catchment community skews family-heavy.
Common questions
Is Wallabi Point or Old Bar cheaper to buy in?
Old Bar has the lower median house price at $795,000, roughly 28% below Wallabi Point ($1,015,000). The gap on units is usually similar but worth checking on the full suburb profiles.
Which has stronger property growth, Wallabi Point or Old Bar?
Over the past 12 months, Wallabi Point grew +5.2% vs +1.6% in Old Bar, a gap of 3.6 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 Wallabi Point or Old Bar have better schools?
On average school ICSEA (the ACARA index that benchmarks educational advantage), Old Bar scores 972 vs 927 in Wallabi Point. 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, Wallabi Point or Old Bar?
Old Bar scores 10/100 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, Wallabi Point or Old Bar?
Gross rental yield on houses is 3.83% in Old Bar vs 3.00% in Wallabi Point. 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
Price & Market
Rental
Lifestyle & Demographics
Risk & Hazard
Schools
Climate
Green dot = better on that metric (lower price, higher growth, higher walkability, lower risk).
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