Highgate vs Myrtle Bank.
Comparing two suburbs with median house prices of $2,600,000 and $1,560,000. Myrtle Bank edges out on more headline metrics in this comparison.
Myrtle Bank (median $1,560,000) is roughly 67% cheaper to buy into than Highgate ($2,600,000). Over the past year, Highgate (0%) ran 8.2 percentage points ahead of Myrtle Bank (-8.2%) on house-price growth.
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 $1,560,000 median, 67% 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 (2.00% vs 1.26%), 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.
Common questions
Is Highgate or Myrtle Bank cheaper to buy in?
Myrtle Bank has the lower median house price at $1,560,000, roughly 67% below Highgate ($2,600,000). 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 0% vs -8.2% in Myrtle Bank, a gap of 8.2 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 2.00% in Myrtle Bank vs 1.26% 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.
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 Highgate against another suburb