Highgate vs Myrtle Bank
Myrtle Bank (median $1,672,500) is roughly 15% cheaper to buy into than Highgate ($1,973,000). Over the past year, Highgate (+10.8%) ran 18.1 percentage points ahead of Myrtle Bank (-7.3%) on house-price growth.
Buying in Highgate or Myrtle Bank?
Selling in Highgate? The free selling guide
Highgate and Myrtle Bank side by side
| Measure | Highgate | Myrtle Bank |
|---|---|---|
| Price and market | ||
| Median house | $1,973,000 | $1,672,500 |
| Median unit | $329,040 | $404,640 |
| House price change, 12 months | +10.8% | -7.3% |
| Renting | ||
| House rent | $670/wk | $705/wk |
| Unit rent | $660/wk | $570/wk |
| Owner occupied | 74.0% | 67.0% |
| Renter occupied | 23.0% | 17.0% |
| Schools | ||
| Schools nearby | 20 | 20 |
| Average ICSEA | 1125 | 1125 |
| Lifestyle and people | ||
| Walk score | 20 | 40 |
| Transit score | 20 | 0 |
| Bike score | 100 | 100 |
| Population | 1,504 | 3,158 |
| Median age | 41 | 54 |
| Climate | ||
| Annual rainfall | 508 mm | 609 mm |
| Mean max, January | 29.4°C | 28.9°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
Myrtle Bank scores higher on walkability (20/100 vs 40/100 ), useful if you're optimising for a car-light household.
- For buyers
- Myrtle Bank is the lower entry point at $1,672,500 median, 15% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.
- For investors
- Investors face a yield-versus-growth split: Myrtle Bank delivers the better gross yield (2.19% vs 1.77%), but Highgate has run faster on capital growth this year. The right pick depends on whether you're optimising for cash flow or capital appreciation.
- For families
- School and household data is too similar between the two to call a winner on family fit. Check the individual profiles for street-level school catchments.
Highgate vs Myrtle Bank: common questions
Is Highgate or Myrtle Bank cheaper to buy in?
Myrtle Bank has the lower median house price at $1,672,500, roughly 15% below Highgate ($1,973,000). The gap on units is usually similar but worth checking on the full suburb profiles.
Which has stronger property growth, Highgate or Myrtle Bank?
Over the past 12 months, Highgate grew +10.8% vs -7.3% in Myrtle Bank, a gap of 18.1 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.
Which is more walkable, Highgate or Myrtle Bank?
Myrtle Bank scores 40/100 on walkability vs 20/100. 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, Highgate or Myrtle Bank?
Gross rental yield on houses is 2.19% in Myrtle Bank vs 1.77% in Highgate. 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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