Blayney vs Millthorpe

Blayney (median $600,000) is roughly 17% cheaper to buy into than Millthorpe ($723,333). Over the past year, Blayney (+22.2%) ran 39.1 percentage points ahead of Millthorpe (-16.9%) on house-price growth.

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Blayney and Millthorpe side by side

MeasureBlayneyMillthorpe
Price and market
Median house$600,000$723,333
Median unit$223,200$315,360
House price change, 12 months+22.2%-16.9%
Renting
House rent$520/wk$513/wk
Owner occupied67.0%83.0%
Renter occupied31.0%15.0%
Schools
Schools nearby317
Average ICSEA938954
Lifestyle and people
Walk score9822
Transit score2010
Bike score00
Population3,4481,347
Median age3843
Climate
Annual rainfall784 mm790 mm
Mean max, January27.8°C27.2°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

Blayney scores higher on walkability (98/100 vs 22/100 ), useful if you're optimising for a car-light household. On school quality, the average ICSEA across schools serving Millthorpe (954) sits above Blayney (938). Millthorpe skews owner-occupied (83%), Blayney runs more rental-dense (67% owner).

For buyers
Blayney is the lower entry point at $600,000 median, 17% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.
For investors
Blayney carries both higher gross yield (4.51% vs 3.69%) and stronger 12-month growth. On the headline numbers, it's the cleaner investor case of the two.
For families
Millthorpe edges out on average school ICSEA (954 vs 938). Millthorpe also has a higher family-household share (80% vs 69%), so the catchment community skews family-heavy.

Blayney vs Millthorpe: common questions

Is Blayney or Millthorpe cheaper to buy in?

Blayney has the lower median house price at $600,000, roughly 17% below Millthorpe ($723,333). The gap on units is usually similar but worth checking on the full suburb profiles.

Which has stronger property growth, Blayney or Millthorpe?

Over the past 12 months, Blayney grew +22.2% vs -16.9% in Millthorpe, a gap of 39.1 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 Blayney or Millthorpe have better schools?

On average school ICSEA (the ACARA index that benchmarks educational advantage), Millthorpe scores 954 vs 938 in Blayney. 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, Blayney or Millthorpe?

Blayney scores 98/100 on walkability vs 22/100. 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, Blayney or Millthorpe?

Gross rental yield on houses is 4.51% in Blayney vs 3.69% in Millthorpe. 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.