Side by sideSuburb comparison

Millthorpe vs Spring Hill.

Comparing two suburbs with median house prices of $723,333 and $717,500. Spring Hill edges out on more headline metrics in this comparison.

Spring Hill (median $717,500) is roughly 1% cheaper to buy into than Millthorpe ($723,333). Over the past year, Spring Hill (-12%) ran 4.9 percentage points ahead of Millthorpe (-16.9%) on house-price growth.

Millthorpe scores higher on walkability (22/100 vs 0/100 ), useful if you're optimising for a car-light household. On school quality, the average ICSEA across schools serving Spring Hill (975) sits above Millthorpe (954).

The takeWhich suburb suits which buyer

For buyers

Spring Hill is the lower entry point at $717,500 median, 1% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.

For investors

Spring Hill carries both higher gross yield (2.39% vs 2.30%) and stronger 12-month growth. On the headline numbers, it's the cleaner investor case of the two.

For families

Spring Hill edges out on average school ICSEA (975 vs 954).

Common questionsMillthorpe vs Spring Hill

Common questions

Is Millthorpe or Spring Hill cheaper to buy in?

Spring Hill has the lower median house price at $717,500, roughly 1% below Millthorpe ($723,333). The gap on units is usually similar but worth checking on the full suburb profiles.

Which has stronger property growth, Millthorpe or Spring Hill?

Over the past 12 months, Spring Hill grew -12% vs -16.9% in Millthorpe, a gap of 4.9 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 Millthorpe or Spring Hill have better schools?

On average school ICSEA (the ACARA index that benchmarks educational advantage), Spring Hill scores 975 vs 954 in Millthorpe. 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, Millthorpe or Spring Hill?

Millthorpe scores 22/100 on walkability vs 0/100. 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, Millthorpe or Spring Hill?

Gross rental yield on houses is 2.39% in Spring Hill vs 2.30% in Millthorpe. 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

Millthorpe
Metric
Spring Hill

Price & Market

$723,333
Median house
$717,500
$315,360
Median unit
$274,320
-16.9%
Annual growth (house)
-12.0%
Days on market

Rental

$320/wk
Rent (house / wk)
$330/wk
$325/wk
Rent (unit / wk)
$281/wk
83.0%
Owner occupied
15.0%
Renter occupied

Lifestyle & Demographics

22
Walk score
0
10
Transit score
0
0
Bike score
0
1,347
Population
48,283
43
Median age
37

Risk & Hazard

Flood class
Bushfire risk

Schools

17
Schools nearby
20
954
Avg ICSEA
975

Climate

Annual rainfall
Mean max (Jan)

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