Elderslie vs Ellis Lane.
Comparing two suburbs with median house prices of $1,095,000 and $1,950,000. Elderslie edges out on more headline metrics in this comparison.
Elderslie (median $1,095,000) is roughly 44% cheaper to buy into than Ellis Lane ($1,950,000). Over the past year, Elderslie (+6.3%) ran 22.6 percentage points ahead of Ellis Lane (-16.3%) on house-price growth.
Elderslie scores higher on walkability (4/100 vs 0/100 ), useful if you're optimising for a car-light household. On school quality, the average ICSEA across schools serving Ellis Lane (1020) sits above Elderslie (1019).
For buyers
Elderslie is the lower entry point at $1,095,000 median, 44% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.
For investors
Elderslie carries both higher gross yield (3.66% vs 2.05%) and stronger 12-month growth. On the headline numbers, it's the cleaner investor case of the two.
For families
Ellis Lane edges out on average school ICSEA (1020 vs 1019).
Common questions
Is Elderslie or Ellis Lane cheaper to buy in?
Elderslie has the lower median house price at $1,095,000, roughly 44% below Ellis Lane ($1,950,000). The gap on units is usually similar but worth checking on the full suburb profiles.
Which has stronger property growth, Elderslie or Ellis Lane?
Over the past 12 months, Elderslie grew +6.3% vs -16.3% in Ellis Lane, a gap of 22.6 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 Elderslie or Ellis Lane have better schools?
On average school ICSEA (the ACARA index that benchmarks educational advantage), Ellis Lane scores 1020 vs 1019 in Elderslie. 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, Elderslie or Ellis Lane?
Elderslie scores 4/100 on walkability vs 0/100. 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, Elderslie or Ellis Lane?
Gross rental yield on houses is 3.66% in Elderslie vs 2.05% in Ellis Lane. 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).
Compare Elderslie against another suburb