Side by sideSuburb comparison

Kyneton vs Malmsbury.

Comparing two suburbs with median house prices of $797,000 and $705,000. Malmsbury edges out on more headline metrics in this comparison.

Malmsbury (median $705,000) is roughly 13% cheaper to buy into than Kyneton ($797,000).

Malmsbury scores higher on walkability (0/100 vs 12/100 ), useful if you're optimising for a car-light household. On school quality, the average ICSEA across schools serving Malmsbury (1059) sits above Kyneton (1056). Malmsbury skews owner-occupied (87%), Kyneton runs more rental-dense (76% owner).

The takeWhich suburb suits which buyer

For buyers

Malmsbury is the lower entry point at $705,000 median, 13% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.

For investors

Malmsbury offers the higher gross rental yield (2.58% vs 2.29%), favouring cash-flow investors.

For families

Malmsbury edges out on average school ICSEA (1059 vs 1056).

Common questionsKyneton vs Malmsbury

Common questions

Is Kyneton or Malmsbury cheaper to buy in?

Malmsbury has the lower median house price at $705,000, roughly 13% below Kyneton ($797,000). The gap on units is usually similar but worth checking on the full suburb profiles.

Does Kyneton or Malmsbury have better schools?

On average school ICSEA (the ACARA index that benchmarks educational advantage), Malmsbury scores 1059 vs 1056 in Kyneton. 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, Kyneton or Malmsbury?

Malmsbury scores 12/100 on walkability vs 0/100. 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, Kyneton or Malmsbury?

Gross rental yield on houses is 2.58% in Malmsbury vs 2.29% in Kyneton. 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

Kyneton
Metric
Malmsbury

Price & Market

$797,000
Median house
$705,000
$580,000
Median unit
$205,920
+0.0%
Annual growth (house)
+0.0%
Days on market

Rental

$351/wk
Rent (house / wk)
$350/wk
$360/wk
Rent (unit / wk)
$350/wk
76.0%
Owner occupied
87.0%
21.0%
Renter occupied
11.0%

Lifestyle & Demographics

0
Walk score
12
0
Transit score
0
0
Bike score
0
7,513
Population
905
47
Median age
45

Risk & Hazard

Flood class
Bushfire risk

Schools

6
Schools nearby
7
1056
Avg ICSEA
1059

Climate

422 mm
Annual rainfall
422 mm
29.8°C
Mean max (Jan)
29.8°C

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