Craigmore vs Elizabeth East.
Comparing two suburbs with median house prices of $741,500 and $700,000. Craigmore edges out on more headline metrics in this comparison.
Elizabeth East (median $700,000) is roughly 6% cheaper to buy into than Craigmore ($741,500). Over the past year, Craigmore (+19.1%) ran 6.4 percentage points ahead of Elizabeth East (+12.7%) on house-price growth.
Craigmore 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 Craigmore (945) sits above Elizabeth East (915). Craigmore skews owner-occupied (78%), Elizabeth East runs more rental-dense (51% owner).
For buyers
Elizabeth East is the lower entry point at $700,000 median, 6% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.
For investors
Craigmore carries both higher gross yield (3.93% vs 3.71%) and stronger 12-month growth. On the headline numbers, it's the cleaner investor case of the two.
For families
Craigmore edges out on average school ICSEA (945 vs 915). Craigmore also has a higher family-household share (79% vs 60%), so the catchment community skews family-heavy.
Common questions
Is Craigmore or Elizabeth East cheaper to buy in?
Elizabeth East has the lower median house price at $700,000, roughly 6% below Craigmore ($741,500). The gap on units is usually similar but worth checking on the full suburb profiles.
Which has stronger property growth, Craigmore or Elizabeth East?
Over the past 12 months, Craigmore grew +19.1% vs +12.7% in Elizabeth East, a gap of 6.4 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 Craigmore or Elizabeth East have better schools?
On average school ICSEA (the ACARA index that benchmarks educational advantage), Craigmore scores 945 vs 915 in Elizabeth East. 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, Craigmore or Elizabeth East?
Craigmore 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, Craigmore or Elizabeth East?
Gross rental yield on houses is 3.93% in Craigmore vs 3.71% in Elizabeth East. 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
Price & Market
Rental
Lifestyle & Demographics
Risk & Hazard
Schools
Climate
Green dot = better on that metric (lower price, higher growth, higher walkability, lower risk).
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