Mordialloc vs Parkdale.
Comparing two suburbs with median house prices of $1,387,500 and $1,588,000. Mordialloc edges out on more headline metrics in this comparison.
Mordialloc (median $1,387,500) is roughly 13% cheaper to buy into than Parkdale ($1,588,000).
Mordialloc scores higher on walkability (48/100 vs 46/100 ), useful if you're optimising for a car-light household. On school quality, the average ICSEA across schools serving Parkdale (1101) sits above Mordialloc (1098).
For buyers
Mordialloc is the lower entry point at $1,387,500 median, 13% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.
For investors
Mordialloc offers the higher gross rental yield (2.81% vs 2.46%), favouring cash-flow investors.
For families
Parkdale edges out on average school ICSEA (1101 vs 1098).
Common questions
Is Mordialloc or Parkdale cheaper to buy in?
Mordialloc has the lower median house price at $1,387,500, roughly 13% below Parkdale ($1,588,000). The gap on units is usually similar but worth checking on the full suburb profiles.
Does Mordialloc or Parkdale have better schools?
On average school ICSEA (the ACARA index that benchmarks educational advantage), Parkdale scores 1101 vs 1098 in Mordialloc. 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, Mordialloc or Parkdale?
Mordialloc scores 48/100 on walkability vs 46/100. 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, Mordialloc or Parkdale?
Gross rental yield on houses is 2.81% in Mordialloc vs 2.46% in Parkdale. 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 Mordialloc against another suburb