Casey vs Palmerston

Casey (median $890,000) is roughly 14% cheaper to buy into than Palmerston ($1,038,000).

Buying in Casey or Palmerston?

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Casey and Palmerston side by side

MeasureCaseyPalmerston
Price and market
Median house$890,000$1,038,000
Median unit$630,000$637,750
Renting
House rent$460/wk$460/wk
Unit rent$502/wk$450/wk
Owner occupied69.0%70.0%
Renter occupied29.0%28.0%
Schools
Schools nearby2020
Average ICSEA10741079
Lifestyle and people
Walk score42
Transit score100100
Bike score100100
Population6,4715,579
Median age3236
Climate
Annual rainfall676 mm646 mm
Mean max, January28.8°C29.3°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

Casey scores higher on walkability (4/100 vs 2/100 ), useful if you're optimising for a car-light household. On school quality, the average ICSEA across schools serving Palmerston (1079) sits above Casey (1074).

For buyers
Casey is the lower entry point at $890,000 median, 14% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.
For investors
Casey offers the higher gross rental yield (2.69% vs 2.30%), favouring cash-flow investors.
For families
Palmerston edges out on average school ICSEA (1079 vs 1074).

Casey vs Palmerston: common questions

Is Casey or Palmerston cheaper to buy in?

Casey has the lower median house price at $890,000, roughly 14% below Palmerston ($1,038,000). The gap on units is usually similar but worth checking on the full suburb profiles.

Does Casey or Palmerston have better schools?

On average school ICSEA (the ACARA index that benchmarks educational advantage), Palmerston scores 1079 vs 1074 in Casey. 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, Casey or Palmerston?

Casey scores 4/100 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, Casey or Palmerston?

Gross rental yield on houses is 2.69% in Casey vs 2.30% in Palmerston. 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.