Georgetown vs Mayfield
Mayfield (median $1,003,500) is roughly 7% cheaper to buy into than Georgetown ($1,078,000). Over the past year, Mayfield (+11.5%) ran 3.7 percentage points ahead of Georgetown (+7.8%) on house-price growth.
Buying in Georgetown or Mayfield?
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Georgetown and Mayfield side by side
| Measure | Georgetown | Mayfield |
|---|---|---|
| Price and market | ||
| Median house | $1,078,000 | $1,003,500 |
| Median unit | $300,240 | $297,360 |
| House price change, 12 months | +7.8% | +11.5% |
| Renting | ||
| House rent | $720/wk | $700/wk |
| Unit rent | $500/wk | $460/wk |
| Owner occupied | 68.0% | – |
| Renter occupied | 30.0% | – |
| Schools | ||
| Schools nearby | 20 | 20 |
| Average ICSEA | 1016 | 1011 |
| Lifestyle and people | ||
| Walk score | 100 | 100 |
| Transit score | 0 | 0 |
| Bike score | 100 | 100 |
| Population | 2,072 | – |
| Median age | 36 | – |
| Climate | ||
| Annual rainfall | 1078 mm | 1078 mm |
| Mean max, January | 28.1°C | 28.1°C |
Green dot: better on that measure (lower price, higher growth, higher walkability, lower risk). Each suburb’s profile gives the source and period of its figures.
Which suits whom
On school quality, the average ICSEA across schools serving Georgetown (1016) sits above Mayfield (1011).
- For buyers
- Mayfield is the lower entry point at $1,003,500 median, 7% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.
- For investors
- Mayfield carries both higher gross yield (3.63% vs 3.47%) and stronger 12-month growth. On the headline numbers, it's the cleaner investor case of the two.
- For families
- Georgetown edges out on average school ICSEA (1016 vs 1011).
Georgetown vs Mayfield: common questions
Is Georgetown or Mayfield cheaper to buy in?
Mayfield has the lower median house price at $1,003,500, roughly 7% below Georgetown ($1,078,000). The gap on units is usually similar but worth checking on the full suburb profiles.
Which has stronger property growth, Georgetown or Mayfield?
Over the past 12 months, Mayfield grew +11.5% vs +7.8% in Georgetown, a gap of 3.7 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 Georgetown or Mayfield have better schools?
On average school ICSEA (the ACARA index that benchmarks educational advantage), Georgetown scores 1016 vs 1011 in Mayfield. 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 suburb has higher rental yield, Georgetown or Mayfield?
Gross rental yield on houses is 3.63% in Mayfield vs 3.47% in Georgetown. 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.
Keep comparing
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