Markwell vs Boolambayte.
Comparing two suburbs with median house prices of $929,000 and $586,000. Boolambayte edges out on more headline metrics in this comparison.
Boolambayte (median $586,000) is roughly 59% cheaper to buy into than Markwell ($929,000). Over the past year, Boolambayte (0%) ran 11.5 percentage points ahead of Markwell (-11.5%) on house-price growth.
On school quality, the average ICSEA across schools serving Markwell (944) sits above Boolambayte (941).
For buyers
Boolambayte is the lower entry point at $586,000 median, 59% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.
For investors
Boolambayte carries both higher gross yield (2.66% vs 1.68%) and stronger 12-month growth. On the headline numbers, it's the cleaner investor case of the two.
For families
Markwell edges out on average school ICSEA (944 vs 941).
Common questions
Is Markwell or Boolambayte cheaper to buy in?
Boolambayte has the lower median house price at $586,000, roughly 59% below Markwell ($929,000). The gap on units is usually similar but worth checking on the full suburb profiles.
Which has stronger property growth, Markwell or Boolambayte?
Over the past 12 months, Boolambayte grew 0% vs -11.5% in Markwell, a gap of 11.5 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 Markwell or Boolambayte have better schools?
On average school ICSEA (the ACARA index that benchmarks educational advantage), Markwell scores 944 vs 941 in Boolambayte. 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, Markwell or Boolambayte?
Gross rental yield on houses is 2.66% in Boolambayte vs 1.68% in Markwell. 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).
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