Side by sideSuburb comparison

Mernda vs South Morang.

Comparing two suburbs with median house prices of $725,000 and $805,000. Mernda edges out on more headline metrics in this comparison.

Mernda (median $725,000) is roughly 10% cheaper to buy into than South Morang ($805,000).

On school quality, the average ICSEA across schools serving Mernda (1052) sits above South Morang (1039).

The takeWhich suburb suits which buyer

For buyers

Mernda is the lower entry point at $725,000 median, 10% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.

For investors

Mernda offers the higher gross rental yield (2.80% vs 2.52%), favouring cash-flow investors.

For families

Mernda edges out on average school ICSEA (1052 vs 1039).

Common questionsMernda vs South Morang

Common questions

Is Mernda or South Morang cheaper to buy in?

Mernda has the lower median house price at $725,000, roughly 10% below South Morang ($805,000). The gap on units is usually similar but worth checking on the full suburb profiles.

Does Mernda or South Morang have better schools?

On average school ICSEA (the ACARA index that benchmarks educational advantage), Mernda scores 1052 vs 1039 in South Morang. 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, Mernda or South Morang?

Gross rental yield on houses is 2.80% in Mernda vs 2.52% in South Morang. 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

Mernda
Metric
South Morang

Price & Market

$725,000
Median house
$805,000
$509,500
Median unit
$535,000
+0.0%
Annual growth (house)
+0.0%
Days on market

Rental

$390/wk
Rent (house / wk)
$390/wk
$381/wk
Rent (unit / wk)
$390/wk
69.0%
Owner occupied
76.0%
27.0%
Renter occupied
21.0%

Lifestyle & Demographics

2
Walk score
2
0
Transit score
0
100
Bike score
100
23,369
Population
24,989
33
Median age
36

Risk & Hazard

Flood class
Bushfire risk

Schools

20
Schools nearby
20
1052
Avg ICSEA
1039

Climate

639 mm
Annual rainfall
639 mm
25.9°C
Mean max (Jan)
25.9°C

Green dot = better on that metric (lower price, higher growth, higher walkability, lower risk).