Mcgraths Hill vs Pitt Town

Mcgraths Hill (median $1,087,500) is roughly 39% cheaper to buy into than Pitt Town ($1,780,000). Over the past year, Mcgraths Hill (+8.8%) ran 12.6 percentage points ahead of Pitt Town (-3.8%) on house-price growth.

Buying in Mcgraths Hill or Pitt Town?

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Mcgraths Hill and Pitt Town side by side

MeasureMcgraths HillPitt Town
Price and market
Median house$1,087,500$1,780,000
Median unit$348,480$348,480
House price change, 12 months+8.8%-3.8%
Renting
House rent$720/wk$720/wk
Unit rent$500/wk$500/wk
Owner occupied77.0%89.0%
Renter occupied20.0%9.0%
Schools
Schools nearby2020
Average ICSEA1005997
Lifestyle and people
Walk score2814
Transit score00
Bike score1010
Population2,5373,871
Median age3438
Climate
Annual rainfall710 mm710 mm
Mean max, January30.3°C30.3°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

Mcgraths Hill scores higher on walkability (28/100 vs 14/100 ), useful if you're optimising for a car-light household. On school quality, the average ICSEA across schools serving Mcgraths Hill (1005) sits above Pitt Town (997). Pitt Town skews owner-occupied (89%), Mcgraths Hill runs more rental-dense (77% owner).

For buyers
Mcgraths Hill is the lower entry point at $1,087,500 median, 39% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.
For investors
Mcgraths Hill carries both higher gross yield (3.44% vs 2.10%) and stronger 12-month growth. On the headline numbers, it's the cleaner investor case of the two.
For families
Mcgraths Hill edges out on average school ICSEA (1005 vs 997).

Mcgraths Hill vs Pitt Town: common questions

Is Mcgraths Hill or Pitt Town cheaper to buy in?

Mcgraths Hill has the lower median house price at $1,087,500, roughly 39% below Pitt Town ($1,780,000). The gap on units is usually similar but worth checking on the full suburb profiles.

Which has stronger property growth, Mcgraths Hill or Pitt Town?

Over the past 12 months, Mcgraths Hill grew +8.8% vs -3.8% in Pitt Town, a gap of 12.6 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 Mcgraths Hill or Pitt Town have better schools?

On average school ICSEA (the ACARA index that benchmarks educational advantage), Mcgraths Hill scores 1005 vs 997 in Pitt Town. 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, Mcgraths Hill or Pitt Town?

Mcgraths Hill scores 28/100 on walkability vs 14/100. 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, Mcgraths Hill or Pitt Town?

Gross rental yield on houses is 3.44% in Mcgraths Hill vs 2.10% in Pitt Town. 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.