Side by sideSuburb comparison

Elizabeth Downs vs Craigmore.

Comparing two suburbs with median house prices of $640,000 and $741,500. Craigmore edges out on more headline metrics in this comparison.

Elizabeth Downs (median $640,000) is roughly 14% cheaper to buy into than Craigmore ($741,500). Over the past year, Craigmore (+19.1%) ran 7.5 percentage points ahead of Elizabeth Downs (+11.6%) on house-price growth.

Craigmore scores higher on walkability (0/100 vs 4/100 ), useful if you're optimising for a car-light household. On school quality, the average ICSEA across schools serving Craigmore (945) sits above Elizabeth Downs (941). Craigmore skews owner-occupied (78%), Elizabeth Downs runs more rental-dense (54% owner).

The takeWhich suburb suits which buyer

For buyers

Elizabeth Downs is the lower entry point at $640,000 median, 14% 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 (4.00% vs 3.98%) 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 941). Craigmore also has a higher family-household share (79% vs 64%), so the catchment community skews family-heavy.

Common questionsElizabeth Downs vs Craigmore

Common questions

Is Elizabeth Downs or Craigmore cheaper to buy in?

Elizabeth Downs has the lower median house price at $640,000, roughly 14% below Craigmore ($741,500). The gap on units is usually similar but worth checking on the full suburb profiles.

Which has stronger property growth, Elizabeth Downs or Craigmore?

Over the past 12 months, Craigmore grew +19.1% vs +11.6% in Elizabeth Downs, a gap of 7.5 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 Elizabeth Downs or Craigmore have better schools?

On average school ICSEA (the ACARA index that benchmarks educational advantage), Craigmore scores 945 vs 941 in Elizabeth Downs. 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, Elizabeth Downs or Craigmore?

Craigmore 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, Elizabeth Downs or Craigmore?

Gross rental yield on houses is 4.00% in Craigmore vs 3.98% in Elizabeth Downs. 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

Elizabeth Downs
Metric
Craigmore

Price & Market

$640,000
Median house
$741,500
$154,800
Median unit
$205,920
+11.6%
Annual growth (house)
+19.1%
Days on market

Rental

$490/wk
Rent (house / wk)
$570/wk
$550/wk
Rent (unit / wk)
$500/wk
54.0%
Owner occupied
78.0%
44.0%
Renter occupied
20.0%

Lifestyle & Demographics

0
Walk score
4
0
Transit score
0
80
Bike score
65
5,160
Population
10,943
34
Median age
37

Risk & Hazard

Flood class
Bushfire risk

Schools

20
Schools nearby
20
941
Avg ICSEA
945

Climate

448 mm
Annual rainfall
448 mm
27.9°C
Mean max (Jan)
27.9°C

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