Wanniassa vs Monash

Wanniassa (median $880,000) is roughly 2% cheaper to buy into than Monash ($895,500).

Buying in Wanniassa or Monash?

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Wanniassa and Monash side by side

MeasureWanniassaMonash
Price and market
Median house$880,000$895,500
Median unit$507,500$700,000
Renting
House rent$400/wk$462/wk
Unit rent$400/wk$450/wk
Owner occupied77.0%74.0%
Renter occupied21.0%19.0%
Schools
Schools nearby2020
Average ICSEA10431040
Lifestyle and people
Walk score146
Transit score100100
Bike score100100
Population7,8855,644
Median age3943
Climate
Annual rainfall648 mm648 mm
Mean max, January28.8°C28.8°C

Green dot: better on that measure (lower price, higher growth, higher walkability, lower risk). Each suburb’s profile gives the source and period of its figures.

Which suits whom

Wanniassa scores higher on walkability (14/100 vs 6/100 ), useful if you're optimising for a car-light household. On school quality, the average ICSEA across schools serving Wanniassa (1043) sits above Monash (1040).

For buyers
Wanniassa is the lower entry point at $880,000 median, 2% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.
For investors
Monash offers the higher gross rental yield (2.68% vs 2.36%), favouring cash-flow investors.
For families
Wanniassa edges out on average school ICSEA (1043 vs 1040).

Wanniassa vs Monash: common questions

Is Wanniassa or Monash cheaper to buy in?

Wanniassa has the lower median house price at $880,000, roughly 2% below Monash ($895,500). The gap on units is usually similar but worth checking on the full suburb profiles.

Does Wanniassa or Monash have better schools?

On average school ICSEA (the ACARA index that benchmarks educational advantage), Wanniassa scores 1043 vs 1040 in Monash. 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, Wanniassa or Monash?

Wanniassa scores 14/100 on walkability vs 6/100. 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, Wanniassa or Monash?

Gross rental yield on houses is 2.68% in Monash vs 2.36% in Wanniassa. 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.