Side by sideSuburb comparison

Waterfall Gully vs Glen Osmond.

Comparing two suburbs with median house prices of $1,295,000 and $2,034,000. Glen Osmond edges out on more headline metrics in this comparison.

Waterfall Gully (median $1,295,000) is roughly 36% cheaper to buy into than Glen Osmond ($2,034,000). Over the past year, Glen Osmond (+13.6%) ran 13.6 percentage points ahead of Waterfall Gully (0%) on house-price growth.

Glen Osmond scores higher on walkability (0/100 vs 12/100 ), useful if you're optimising for a car-light household. On school quality, the average ICSEA across schools serving Glen Osmond (1128) sits above Waterfall Gully (1125).

The takeWhich suburb suits which buyer

For buyers

Waterfall Gully is the lower entry point at $1,295,000 median, 36% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.

For investors

Glen Osmond carries both higher gross yield (2.43% vs 1.65%) and stronger 12-month growth. On the headline numbers, it's the cleaner investor case of the two.

For families

Glen Osmond edges out on average school ICSEA (1128 vs 1125). Waterfall Gully also has a higher family-household share (91% vs 80%), so the catchment community skews family-heavy.

Common questionsWaterfall Gully vs Glen Osmond

Common questions

Is Waterfall Gully or Glen Osmond cheaper to buy in?

Waterfall Gully has the lower median house price at $1,295,000, roughly 36% below Glen Osmond ($2,034,000). The gap on units is usually similar but worth checking on the full suburb profiles.

Which has stronger property growth, Waterfall Gully or Glen Osmond?

Over the past 12 months, Glen Osmond grew +13.6% vs 0% in Waterfall Gully, a gap of 13.6 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 Waterfall Gully or Glen Osmond have better schools?

On average school ICSEA (the ACARA index that benchmarks educational advantage), Glen Osmond scores 1128 vs 1125 in Waterfall Gully. 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, Waterfall Gully or Glen Osmond?

Glen Osmond scores 12/100 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, Waterfall Gully or Glen Osmond?

Gross rental yield on houses is 2.43% in Glen Osmond vs 1.65% in Waterfall Gully. 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

Waterfall Gully
Metric
Glen Osmond

Price & Market

$1,295,000
Median house
$2,034,000
$388,800
Median unit
$404,640
+0.0%
Annual growth (house)
+13.6%
Days on market

Rental

$410/wk
Rent (house / wk)
$950/wk
$468/wk
Rent (unit / wk)
$380/wk
89.0%
Owner occupied
85.0%
11.0%
Renter occupied
13.0%

Lifestyle & Demographics

0
Walk score
12
0
Transit score
0
80
Bike score
80
161
Population
2,154
40
Median age
42

Risk & Hazard

Flood class
Bushfire risk

Schools

20
Schools nearby
20
1125
Avg ICSEA
1128

Climate

448 mm
Annual rainfall
448 mm
27.9°C
Mean max (Jan)
27.9°C

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