Side by sideSuburb comparison

Casey vs Palmerston.

Comparing two suburbs with median house prices of $890,000 and $1,038,000. Casey edges out on more headline metrics in this comparison.

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

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).

The takeWhich suburb suits which buyer

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).

Common questionsCasey 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.

The numbers behind the take

Casey
Metric
Palmerston

Price & Market

$890,000
Median house
$1,038,000
$630,000
Median unit
$637,750
+0.0%
Annual growth (house)
+0.0%
Days on market

Rental

$460/wk
Rent (house / wk)
$460/wk
$502/wk
Rent (unit / wk)
$450/wk
69.0%
Owner occupied
70.0%
29.0%
Renter occupied
28.0%

Lifestyle & Demographics

4
Walk score
2
100
Transit score
100
100
Bike score
100
6,471
Population
5,579
32
Median age
36

Risk & Hazard

Flood class
Bushfire risk

Schools

20
Schools nearby
20
1074
Avg ICSEA
1079

Climate

Annual rainfall
Mean max (Jan)

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