Maylands vs Stepney.
Comparing two suburbs with median house prices of $1,530,000 and $1,650,000. Stepney edges out on more headline metrics in this comparison.
Maylands (median $1,530,000) is roughly 7% cheaper to buy into than Stepney ($1,650,000).
Stepney scores higher on walkability (86/100 vs 100/100 ), useful if you're optimising for a car-light household. On school quality, the average ICSEA across schools serving Stepney (1119) sits above Maylands (1108).
For buyers
Maylands is the lower entry point at $1,530,000 median, 7% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.
For investors
Stepney offers the higher gross rental yield (2.46% vs 2.24%), favouring cash-flow investors.
For families
Stepney edges out on average school ICSEA (1119 vs 1108).
Common questions
Is Maylands or Stepney cheaper to buy in?
Maylands has the lower median house price at $1,530,000, roughly 7% below Stepney ($1,650,000). The gap on units is usually similar but worth checking on the full suburb profiles.
Does Maylands or Stepney have better schools?
On average school ICSEA (the ACARA index that benchmarks educational advantage), Stepney scores 1119 vs 1108 in Maylands. 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 Stepney?
Stepney scores 100/100 on walkability vs 86/100. 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 Stepney?
Gross rental yield on houses is 2.46% in Stepney 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).
Compare Maylands against another suburb