Wendouree vs Lake Wendouree.
Comparing two suburbs with median house prices of $502,000 and $795,000. Wendouree edges out on more headline metrics in this comparison.
Wendouree (median $502,000) is roughly 37% cheaper to buy into than Lake Wendouree ($795,000).
Wendouree scores higher on walkability (56/100 vs 34/100 ), useful if you're optimising for a car-light household. On school quality, the average ICSEA across schools serving Lake Wendouree (1023) sits above Wendouree (1017). Lake Wendouree skews owner-occupied (73%), Wendouree runs more rental-dense (53% owner).
For buyers
Wendouree is the lower entry point at $502,000 median, 37% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.
For investors
Wendouree offers the higher gross rental yield (4.25% vs 1.96%), favouring cash-flow investors.
For families
Lake Wendouree edges out on average school ICSEA (1023 vs 1017).
Common questions
Is Wendouree or Lake Wendouree cheaper to buy in?
Wendouree has the lower median house price at $502,000, roughly 37% below Lake Wendouree ($795,000). The gap on units is usually similar but worth checking on the full suburb profiles.
Does Wendouree or Lake Wendouree have better schools?
On average school ICSEA (the ACARA index that benchmarks educational advantage), Lake Wendouree scores 1023 vs 1017 in Wendouree. 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, Wendouree or Lake Wendouree?
Wendouree scores 56/100 on walkability vs 34/100. 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, Wendouree or Lake Wendouree?
Gross rental yield on houses is 4.25% in Wendouree vs 1.96% in Lake Wendouree. 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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