Mile End vs Underdale
Mile End (median $1,135,000) is roughly 11% cheaper to buy into than Underdale ($1,280,000). Over the past year, Underdale (+6.7%) ran 5.8 percentage points ahead of Mile End (+0.9%) on house-price growth.
Buying in Mile End or Underdale?
Selling in Mile End? The free selling guide
Mile End and Underdale side by side
| Measure | Mile End | Underdale |
|---|---|---|
| Price and market | ||
| Median house | $1,135,000 | $1,280,000 |
| Median unit | $285,120 | $285,120 |
| House price change, 12 months | +0.9% | +6.7% |
| Renting | ||
| House rent | $650/wk | $620/wk |
| Unit rent | $520/wk | $490/wk |
| Owner occupied | 53.0% | 59.0% |
| Renter occupied | 45.0% | 36.0% |
| Schools | ||
| Schools nearby | 20 | 20 |
| Average ICSEA | 1045 | 1033 |
| Lifestyle and people | ||
| Walk score | 64 | 8 |
| Transit score | 0 | 0 |
| Bike score | 100 | 100 |
| Population | 4,536 | 2,429 |
| Median age | 36 | 38 |
| Climate | ||
| Annual rainfall | 450 mm | 438 mm |
| Mean max, January | 29.1°C | 29.5°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
Mile End scores higher on walkability (64/100 vs 8/100 ), useful if you're optimising for a car-light household. On school quality, the average ICSEA across schools serving Mile End (1045) sits above Underdale (1033).
- For buyers
- Mile End is the lower entry point at $1,135,000 median, 11% 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: Mile End delivers the better gross yield (2.98% vs 2.52%), but Underdale 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
- Mile End edges out on average school ICSEA (1045 vs 1033).
Mile End vs Underdale: common questions
Is Mile End or Underdale cheaper to buy in?
Mile End has the lower median house price at $1,135,000, roughly 11% below Underdale ($1,280,000). The gap on units is usually similar but worth checking on the full suburb profiles.
Which has stronger property growth, Mile End or Underdale?
Over the past 12 months, Underdale grew +6.7% vs +0.9% in Mile End, a gap of 5.8 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 Mile End or Underdale have better schools?
On average school ICSEA (the ACARA index that benchmarks educational advantage), Mile End scores 1045 vs 1033 in Underdale. 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, Mile End or Underdale?
Mile End scores 64/100 on walkability vs 8/100. 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, Mile End or Underdale?
Gross rental yield on houses is 2.98% in Mile End vs 2.52% in Underdale. 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.
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