Millswood vs Wayville.
Comparing two suburbs with median house prices of $1,940,000 and $1,430,000. Wayville edges out on more headline metrics in this comparison.
Wayville (median $1,430,000) is roughly 36% cheaper to buy into than Millswood ($1,940,000). Over the past year, Wayville (0%) ran 7.6 percentage points ahead of Millswood (-7.6%) on house-price growth.
On school quality, the average ICSEA across schools serving Millswood (1117) sits above Wayville (1102). Millswood skews owner-occupied (85%), Wayville runs more rental-dense (52% owner).
For buyers
Wayville is the lower entry point at $1,430,000 median, 36% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.
For investors
Wayville carries both higher gross yield (2.00% vs 0.71%) and stronger 12-month growth. On the headline numbers, it's the cleaner investor case of the two.
For families
Millswood edges out on average school ICSEA (1117 vs 1102). Millswood also has a higher family-household share (78% vs 64%), so the catchment community skews family-heavy.
Common questions
Is Millswood or Wayville cheaper to buy in?
Wayville has the lower median house price at $1,430,000, roughly 36% below Millswood ($1,940,000). The gap on units is usually similar but worth checking on the full suburb profiles.
Which has stronger property growth, Millswood or Wayville?
Over the past 12 months, Wayville grew 0% vs -7.6% in Millswood, a gap of 7.6 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 Millswood or Wayville have better schools?
On average school ICSEA (the ACARA index that benchmarks educational advantage), Millswood scores 1117 vs 1102 in Wayville. 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, Millswood or Wayville?
Gross rental yield on houses is 2.00% in Wayville vs 0.71% in Millswood. 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 Millswood against another suburb