Mayfield vs Georgetown

Mayfield (median $1,003,500) is roughly 7% cheaper to buy into than Georgetown ($1,078,000). Over the past year, Mayfield (+11.5%) ran 3.7 percentage points ahead of Georgetown (+7.8%) on house-price growth.

Buying in Mayfield or Georgetown?

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Selling in Mayfield? The free selling guide

Mayfield and Georgetown side by side

MeasureMayfieldGeorgetown
Price and market
Median house$1,003,500$1,078,000
Median unit$297,360$300,240
House price change, 12 months+11.5%+7.8%
Renting
House rent$700/wk$720/wk
Unit rent$460/wk$500/wk
Owner occupied–68.0%
Renter occupied–30.0%
Schools
Schools nearby2020
Average ICSEA10111016
Lifestyle and people
Walk score100100
Transit score00
Bike score100100
Population–2,072
Median age–36
Climate
Annual rainfall1078 mm1078 mm
Mean max, January28.1°C28.1°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

On school quality, the average ICSEA across schools serving Georgetown (1016) sits above Mayfield (1011).

For buyers
Mayfield is the lower entry point at $1,003,500 median, 7% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.
For investors
Mayfield carries both higher gross yield (3.63% vs 3.47%) and stronger 12-month growth. On the headline numbers, it's the cleaner investor case of the two.
For families
Georgetown edges out on average school ICSEA (1016 vs 1011).

Mayfield vs Georgetown: common questions

Is Mayfield or Georgetown cheaper to buy in?

Mayfield has the lower median house price at $1,003,500, roughly 7% below Georgetown ($1,078,000). The gap on units is usually similar but worth checking on the full suburb profiles.

Which has stronger property growth, Mayfield or Georgetown?

Over the past 12 months, Mayfield grew +11.5% vs +7.8% in Georgetown, a gap of 3.7 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 Mayfield or Georgetown have better schools?

On average school ICSEA (the ACARA index that benchmarks educational advantage), Georgetown scores 1016 vs 1011 in Mayfield. 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, Mayfield or Georgetown?

Gross rental yield on houses is 3.63% in Mayfield vs 3.47% in Georgetown. 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.