Mirrabooka vs Balcolyn
Mirrabooka (median $810,000) is roughly 8% cheaper to buy into than Balcolyn ($880,000). Over the past year, Balcolyn (+12.5%) ran 10.0 percentage points ahead of Mirrabooka (+2.5%) on house-price growth.
Buying in Mirrabooka or Balcolyn?
Selling in Mirrabooka? The free selling guide
Mirrabooka and Balcolyn side by side
| Measure | Mirrabooka | Balcolyn |
|---|---|---|
| Price and market | ||
| Median house | $810,000 | $880,000 |
| Median unit | $278,640 | $278,640 |
| House price change, 12 months | +2.5% | +12.5% |
| Renting | ||
| House rent | $695/wk | $695/wk |
| Owner occupied | 76.0% | 77.0% |
| Renter occupied | 22.0% | 23.0% |
| Schools | ||
| Schools nearby | 20 | 20 |
| Average ICSEA | 970 | 988 |
| Lifestyle and people | ||
| Walk score | 0 | 0 |
| Transit score | 0 | 0 |
| Bike score | 25 | 20 |
| Population | 809 | 1,002 |
| Median age | 42 | 43 |
| Climate | ||
| Annual rainfall | 1116 mm | 1116 mm |
| Mean max, January | 27.9°C | 27.9°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
On school quality, the average ICSEA across schools serving Balcolyn (988) sits above Mirrabooka (970).
- For buyers
- Mirrabooka is the lower entry point at $810,000 median, 8% 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: Mirrabooka delivers the better gross yield (4.46% vs 4.11%), but Balcolyn 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
- Balcolyn edges out on average school ICSEA (988 vs 970).
Mirrabooka vs Balcolyn: common questions
Is Mirrabooka or Balcolyn cheaper to buy in?
Mirrabooka has the lower median house price at $810,000, roughly 8% below Balcolyn ($880,000). The gap on units is usually similar but worth checking on the full suburb profiles.
Which has stronger property growth, Mirrabooka or Balcolyn?
Over the past 12 months, Balcolyn grew +12.5% vs +2.5% in Mirrabooka, a gap of 10.0 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 Mirrabooka or Balcolyn have better schools?
On average school ICSEA (the ACARA index that benchmarks educational advantage), Balcolyn scores 988 vs 970 in Mirrabooka. 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, Mirrabooka or Balcolyn?
Gross rental yield on houses is 4.46% in Mirrabooka vs 4.11% in Balcolyn. 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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The two suburbs
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