Florey vs Melba.
Comparing two suburbs with median house prices of $957,000 and $928,000. Florey edges out on more headline metrics in this comparison.
Melba (median $928,000) is roughly 3% cheaper to buy into than Florey ($957,000).
Florey scores higher on walkability (20/100 vs 8/100 ), useful if you're optimising for a car-light household. On school quality, the average ICSEA across schools serving Florey (1065) sits above Melba (1053). Melba skews owner-occupied (78%), Florey runs more rental-dense (64% owner).
For buyers
Melba is the lower entry point at $928,000 median, 3% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.
For investors
Melba offers the higher gross rental yield (2.35% vs 2.28%), favouring cash-flow investors.
For families
Florey edges out on average school ICSEA (1065 vs 1053).
Common questions
Is Florey or Melba cheaper to buy in?
Melba has the lower median house price at $928,000, roughly 3% below Florey ($957,000). The gap on units is usually similar but worth checking on the full suburb profiles.
Does Florey or Melba have better schools?
On average school ICSEA (the ACARA index that benchmarks educational advantage), Florey scores 1065 vs 1053 in Melba. 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, Florey or Melba?
Florey scores 20/100 on walkability vs 8/100. 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, Florey or Melba?
Gross rental yield on houses is 2.35% in Melba vs 2.28% in Florey. 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 Florey against another suburb