Maylands vs Payneham South.
Comparing two suburbs with median house prices of $1,530,000 and $1,330,000. Maylands edges out on more headline metrics in this comparison.
Payneham South (median $1,330,000) is roughly 15% cheaper to buy into than Maylands ($1,530,000). Over the past year, Maylands (0%) ran 24.2 percentage points ahead of Payneham South (-24.2%) on house-price growth.
Maylands scores higher on walkability (86/100 vs 36/100 ), useful if you're optimising for a car-light household. On school quality, the average ICSEA across schools serving Maylands (1108) sits above Payneham South (1094).
For buyers
Payneham South is the lower entry point at $1,330,000 median, 15% 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: Payneham South delivers the better gross yield (2.54% vs 2.24%), but Maylands 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
Maylands edges out on average school ICSEA (1108 vs 1094).
Common questions
Is Maylands or Payneham South cheaper to buy in?
Payneham South has the lower median house price at $1,330,000, roughly 15% below Maylands ($1,530,000). The gap on units is usually similar but worth checking on the full suburb profiles.
Which has stronger property growth, Maylands or Payneham South?
Over the past 12 months, Maylands grew 0% vs -24.2% in Payneham South, a gap of 24.2 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 Maylands or Payneham South have better schools?
On average school ICSEA (the ACARA index that benchmarks educational advantage), Maylands scores 1108 vs 1094 in Payneham South. 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, Maylands or Payneham South?
Maylands scores 86/100 on walkability vs 36/100. 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, Maylands or Payneham South?
Gross rental yield on houses is 2.54% in Payneham South vs 2.24% in Maylands. 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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