Wright vs Denman Prospect
Wright (median $1,370,000) is roughly 3% cheaper to buy into than Denman Prospect ($1,410,000).
Buying in Wright or Denman Prospect?
Selling in Wright? The free selling guide
Wright and Denman Prospect side by side
| Measure | Wright | Denman Prospect |
|---|---|---|
| Price and market | ||
| Median house | $1,370,000 | $1,410,000 |
| Median unit | $499,000 | $622,000 |
| Renting | ||
| House rent | $461/wk | $498/wk |
| Unit rent | $461/wk | $498/wk |
| Owner occupied | 67.0% | 85.0% |
| Renter occupied | 31.0% | 14.0% |
| Schools | ||
| Schools nearby | 20 | 20 |
| Average ICSEA | 1107 | 1103 |
| Lifestyle and people | ||
| Walk score | 32 | 8 |
| Transit score | 30 | 70 |
| Bike score | 100 | 100 |
| Population | 3,808 | 2,759 |
| Median age | 32 | 31 |
| Climate | ||
| Annual rainfall | 618 mm | 664 mm |
| Mean max, January | 29.5°C | 29.2°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
Wright scores higher on walkability (32/100 vs 8/100 ), useful if you're optimising for a car-light household. On school quality, the average ICSEA across schools serving Wright (1107) sits above Denman Prospect (1103). Denman Prospect skews owner-occupied (85%), Wright runs more rental-dense (67% owner).
- For buyers
- Wright is the lower entry point at $1,370,000 median, 3% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.
- For investors
- Denman Prospect offers the higher gross rental yield (1.84% vs 1.75%), favouring cash-flow investors.
- For families
- Wright edges out on average school ICSEA (1107 vs 1103). Denman Prospect also has a higher family-household share (78% vs 67%), so the catchment community skews family-heavy.
Wright vs Denman Prospect: common questions
Is Wright or Denman Prospect cheaper to buy in?
Wright has the lower median house price at $1,370,000, roughly 3% below Denman Prospect ($1,410,000). The gap on units is usually similar but worth checking on the full suburb profiles.
Does Wright or Denman Prospect have better schools?
On average school ICSEA (the ACARA index that benchmarks educational advantage), Wright scores 1107 vs 1103 in Denman Prospect. 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, Wright or Denman Prospect?
Wright scores 32/100 on walkability vs 8/100. 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, Wright or Denman Prospect?
Gross rental yield on houses is 1.84% in Denman Prospect vs 1.75% in Wright. 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.
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