Side by sideSuburb comparison

Wallarah vs Charmhaven.

Comparing two suburbs with median house prices of $1,700,000 and $823,500.

Charmhaven (median $823,500) is roughly 106% cheaper to buy into than Wallarah ($1,700,000). Over the past year, Wallarah (+15.3%) ran 6.7 percentage points ahead of Charmhaven (+8.6%) on house-price growth.

Charmhaven scores higher on walkability (0/100 vs 4/100 ), useful if you're optimising for a car-light household. On school quality, the average ICSEA across schools serving Wallarah (947) sits above Charmhaven (943).

The takeWhich suburb suits which buyer

For buyers

Charmhaven is the lower entry point at $823,500 median, 106% 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: Charmhaven delivers the better gross yield (3.79% vs 2.14%), but Wallarah 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

Wallarah edges out on average school ICSEA (947 vs 943). Wallarah also has a higher family-household share (85% vs 70%), so the catchment community skews family-heavy.

Common questionsWallarah vs Charmhaven

Common questions

Is Wallarah or Charmhaven cheaper to buy in?

Charmhaven has the lower median house price at $823,500, roughly 106% below Wallarah ($1,700,000). The gap on units is usually similar but worth checking on the full suburb profiles.

Which has stronger property growth, Wallarah or Charmhaven?

Over the past 12 months, Wallarah grew +15.3% vs +8.6% in Charmhaven, a gap of 6.7 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 Wallarah or Charmhaven have better schools?

On average school ICSEA (the ACARA index that benchmarks educational advantage), Wallarah scores 947 vs 943 in Charmhaven. 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, Wallarah or Charmhaven?

Charmhaven scores 4/100 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, Wallarah or Charmhaven?

Gross rental yield on houses is 3.79% in Charmhaven vs 2.14% in Wallarah. 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

Wallarah
Metric
Charmhaven

Price & Market

$1,700,000
Median house
$823,500
$308,880
Median unit
$274,320
+15.3%
Annual growth (house)
+8.6%
Days on market

Rental

$700/wk
Rent (house / wk)
$600/wk
$480/wk
Rent (unit / wk)
$500/wk
74.0%
Owner occupied
67.0%
22.0%
Renter occupied
31.0%

Lifestyle & Demographics

0
Walk score
4
0
Transit score
0
25
Bike score
100
344
Population
2,501
42
Median age
39

Risk & Hazard

Flood class
Bushfire risk

Schools

20
Schools nearby
20
947
Avg ICSEA
943

Climate

1143 mm
Annual rainfall
1143 mm
24.7°C
Mean max (Jan)
24.7°C

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