Side by sideSuburb comparison

Holgate vs Mount Elliot.

Comparing two suburbs with median house prices of $2,280,000 and $1,920,000. Holgate edges out on more headline metrics in this comparison.

Mount Elliot (median $1,920,000) is roughly 19% cheaper to buy into than Holgate ($2,280,000). Over the past year, Holgate (+9.9%) ran 26.4 percentage points ahead of Mount Elliot (-16.5%) on house-price growth.

On school quality, the average ICSEA across schools serving Holgate (1040) sits above Mount Elliot (1029).

The takeWhich suburb suits which buyer

For buyers

Mount Elliot is the lower entry point at $1,920,000 median, 19% 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: Mount Elliot delivers the better gross yield (1.08% vs 0.91%), but Holgate 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

Holgate edges out on average school ICSEA (1040 vs 1029).

Common questionsHolgate vs Mount Elliot

Common questions

Is Holgate or Mount Elliot cheaper to buy in?

Mount Elliot has the lower median house price at $1,920,000, roughly 19% below Holgate ($2,280,000). The gap on units is usually similar but worth checking on the full suburb profiles.

Which has stronger property growth, Holgate or Mount Elliot?

Over the past 12 months, Holgate grew +9.9% vs -16.5% in Mount Elliot, a gap of 26.4 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 Holgate or Mount Elliot have better schools?

On average school ICSEA (the ACARA index that benchmarks educational advantage), Holgate scores 1040 vs 1029 in Mount Elliot. 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, Holgate or Mount Elliot?

Gross rental yield on houses is 1.08% in Mount Elliot vs 0.91% in Holgate. 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

Holgate
Metric
Mount Elliot

Price & Market

$2,280,000
Median house
$1,920,000
$316,800
Median unit
$316,800
+9.9%
Annual growth (house)
-16.5%
Days on market

Rental

$400/wk
Rent (house / wk)
$400/wk
$335/wk
Rent (unit / wk)
$320/wk
95.0%
Owner occupied
100.0%
4.0%
Renter occupied

Lifestyle & Demographics

0
Walk score
0
0
Transit score
0
0
Bike score
0
1,023
Population
169
43
Median age
48

Risk & Hazard

Flood class
Bushfire risk

Schools

20
Schools nearby
20
1040
Avg ICSEA
1029

Climate

1302 mm
Annual rainfall
1302 mm
26.0°C
Mean max (Jan)
26.0°C

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