Side by sideSuburb comparison

Baxter vs Mount Eliza.

Comparing two suburbs with median house prices of $740,000 and $1,650,000. Baxter edges out on more headline metrics in this comparison.

Baxter (median $740,000) is roughly 55% cheaper to buy into than Mount Eliza ($1,650,000).

Baxter scores higher on walkability (14/100 vs 0/100 ), useful if you're optimising for a car-light household. On school quality, the average ICSEA across schools serving Mount Eliza (1060) sits above Baxter (1041). Mount Eliza skews owner-occupied (90%), Baxter runs more rental-dense (80% owner).

The takeWhich suburb suits which buyer

For buyers

Baxter is the lower entry point at $740,000 median, 55% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.

For investors

Baxter offers the higher gross rental yield (2.50% vs 1.61%), favouring cash-flow investors.

For families

Mount Eliza edges out on average school ICSEA (1060 vs 1041). Mount Eliza also has a higher family-household share (82% vs 67%), so the catchment community skews family-heavy.

Common questionsBaxter vs Mount Eliza

Common questions

Is Baxter or Mount Eliza cheaper to buy in?

Baxter has the lower median house price at $740,000, roughly 55% below Mount Eliza ($1,650,000). The gap on units is usually similar but worth checking on the full suburb profiles.

Does Baxter or Mount Eliza have better schools?

On average school ICSEA (the ACARA index that benchmarks educational advantage), Mount Eliza scores 1060 vs 1041 in Baxter. 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, Baxter or Mount Eliza?

Baxter scores 14/100 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, Baxter or Mount Eliza?

Gross rental yield on houses is 2.50% in Baxter vs 1.61% in Mount Eliza. 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

Baxter
Metric
Mount Eliza

Price & Market

$740,000
Median house
$1,650,000
$684,000
Median unit
$886,300
+0.0%
Annual growth (house)
+0.0%
Days on market

Rental

$356/wk
Rent (house / wk)
$512/wk
$360/wk
Rent (unit / wk)
$512/wk
80.0%
Owner occupied
90.0%
16.0%
Renter occupied
8.0%

Lifestyle & Demographics

14
Walk score
0
30
Transit score
0
100
Bike score
10
2,166
Population
18,734
40
Median age
45

Risk & Hazard

Flood class
Bushfire risk

Schools

20
Schools nearby
20
1041
Avg ICSEA
1060

Climate

639 mm
Annual rainfall
639 mm
25.9°C
Mean max (Jan)
25.9°C

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