Leichhardt vs Lilyfield

Leichhardt (median $2,200,000) is roughly 9% cheaper to buy into than Lilyfield ($2,430,000). Over the past year, Leichhardt (+11.7%) ran 9.5 percentage points ahead of Lilyfield (+2.2%) on house-price growth.

Buying in Leichhardt or Lilyfield?

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Leichhardt and Lilyfield side by side

MeasureLeichhardtLilyfield
Price and market
Median house$2,200,000$2,430,000
Median unit$1,065,000$549,360
House price change, 12 months+11.7%+2.2%
Renting
House rent$1110/wk$1110/wk
Unit rent$680/wk$680/wk
Owner occupied58.0%63.0%
Renter occupied40.0%36.0%
Schools
Schools nearby2020
Average ICSEA11151126
Lifestyle and people
Walk score10042
Transit score040
Bike score100100
Population15,1587,641
Median age3741
Climate
Annual rainfall981 mm1036 mm
Mean max, January27.6°C27.7°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

Leichhardt scores higher on walkability (100/100 vs 42/100 ), useful if you're optimising for a car-light household. On school quality, the average ICSEA across schools serving Lilyfield (1126) sits above Leichhardt (1115).

For buyers
Leichhardt is the lower entry point at $2,200,000 median, 9% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.
For investors
Leichhardt carries both higher gross yield (2.62% vs 2.38%) and stronger 12-month growth. On the headline numbers, it's the cleaner investor case of the two.
For families
Lilyfield edges out on average school ICSEA (1126 vs 1115).

Leichhardt vs Lilyfield: common questions

Is Leichhardt or Lilyfield cheaper to buy in?

Leichhardt has the lower median house price at $2,200,000, roughly 9% below Lilyfield ($2,430,000). The gap on units is usually similar but worth checking on the full suburb profiles.

Which has stronger property growth, Leichhardt or Lilyfield?

Over the past 12 months, Leichhardt grew +11.7% vs +2.2% in Lilyfield, a gap of 9.5 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 Leichhardt or Lilyfield have better schools?

On average school ICSEA (the ACARA index that benchmarks educational advantage), Lilyfield scores 1126 vs 1115 in Leichhardt. 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, Leichhardt or Lilyfield?

Leichhardt scores 100/100 on walkability vs 42/100. 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, Leichhardt or Lilyfield?

Gross rental yield on houses is 2.62% in Leichhardt vs 2.38% in Lilyfield. 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.