Broadmeadows vs Gladstone Park
Broadmeadows (median $620,000) is roughly 18% cheaper to buy into than Gladstone Park ($752,000).
Buying in Broadmeadows or Gladstone Park?
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Broadmeadows and Gladstone Park side by side
| Measure | Broadmeadows | Gladstone Park |
|---|---|---|
| Price and market | ||
| Median house | $620,000 | $752,000 |
| Median unit | $492,500 | $300,960 |
| Renting | ||
| House rent | $506/wk | $530/wk |
| Unit rent | $470/wk | $450/wk |
| Owner occupied | – | 77.0% |
| Renter occupied | – | 21.0% |
| Schools | ||
| Schools nearby | 20 | 20 |
| Average ICSEA | 969 | 993 |
| Lifestyle and people | ||
| Walk score | 36 | 2 |
| Transit score | 60 | 0 |
| Bike score | 100 | 100 |
| Population | – | 8,213 |
| Median age | – | 42 |
| Climate | ||
| Annual rainfall | 581 mm | 546 mm |
| Mean max, January | 27.0°C | 27.0°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
Broadmeadows scores higher on walkability (36/100 vs 2/100 ), useful if you're optimising for a car-light household. On school quality, the average ICSEA across schools serving Gladstone Park (993) sits above Broadmeadows (969).
- For buyers
- Broadmeadows is the lower entry point at $620,000 median, 18% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.
- For investors
- Broadmeadows offers the higher gross rental yield (4.24% vs 3.66%), favouring cash-flow investors.
- For families
- Gladstone Park edges out on average school ICSEA (993 vs 969).
Broadmeadows vs Gladstone Park: common questions
Is Broadmeadows or Gladstone Park cheaper to buy in?
Broadmeadows has the lower median house price at $620,000, roughly 18% below Gladstone Park ($752,000). The gap on units is usually similar but worth checking on the full suburb profiles.
Does Broadmeadows or Gladstone Park have better schools?
On average school ICSEA (the ACARA index that benchmarks educational advantage), Gladstone Park scores 993 vs 969 in Broadmeadows. 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, Broadmeadows or Gladstone Park?
Broadmeadows scores 36/100 on walkability vs 2/100. 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, Broadmeadows or Gladstone Park?
Gross rental yield on houses is 4.24% in Broadmeadows vs 3.66% in Gladstone Park. 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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