Side by sideSuburb comparison

Greensborough vs Yallambie.

Comparing two suburbs with median house prices of $1,028,500 and $980,000. Yallambie edges out on more headline metrics in this comparison.

Yallambie (median $980,000) is roughly 5% cheaper to buy into than Greensborough ($1,028,500).

Greensborough scores higher on walkability (100/100 vs 2/100 ), useful if you're optimising for a car-light household. On school quality, the average ICSEA across schools serving Yallambie (1094) sits above Greensborough (1077).

The takeWhich suburb suits which buyer

For buyers

Yallambie is the lower entry point at $980,000 median, 5% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.

For investors

Greensborough offers the higher gross rental yield (2.88% vs 2.02%), favouring cash-flow investors.

For families

Yallambie edges out on average school ICSEA (1094 vs 1077).

Common questionsGreensborough vs Yallambie

Common questions

Is Greensborough or Yallambie cheaper to buy in?

Yallambie has the lower median house price at $980,000, roughly 5% below Greensborough ($1,028,500). The gap on units is usually similar but worth checking on the full suburb profiles.

Does Greensborough or Yallambie have better schools?

On average school ICSEA (the ACARA index that benchmarks educational advantage), Yallambie scores 1094 vs 1077 in Greensborough. 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, Greensborough or Yallambie?

Greensborough scores 100/100 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, Greensborough or Yallambie?

Gross rental yield on houses is 2.88% in Greensborough vs 2.02% in Yallambie. 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

Greensborough
Metric
Yallambie

Price & Market

$1,028,500
Median house
$980,000
$745,800
Median unit
$356,400
+0.0%
Annual growth (house)
+0.0%
Days on market

Rental

$570/wk
Rent (house / wk)
$381/wk
$490/wk
Rent (unit / wk)
$340/wk
80.0%
Owner occupied
72.0%
17.0%
Renter occupied
26.0%

Lifestyle & Demographics

100
Walk score
2
30
Transit score
0
100
Bike score
100
21,070
Population
4,161
41
Median age
35

Risk & Hazard

Flood class
Bushfire risk

Schools

20
Schools nearby
20
1077
Avg ICSEA
1094

Climate

639 mm
Annual rainfall
639 mm
25.9°C
Mean max (Jan)
25.9°C

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