Mordialloc vs Parkdale
Mordialloc (median $1,387,500) is roughly 13% cheaper to buy into than Parkdale ($1,588,000).
Buying in Mordialloc or Parkdale?
Selling in Mordialloc? The free selling guide
Mordialloc and Parkdale side by side
| Measure | Mordialloc | Parkdale |
|---|---|---|
| Price and market | ||
| Median house | $1,387,500 | $1,588,000 |
| Median unit | $670,000 | $800,000 |
| Renting | ||
| House rent | $750/wk | $750/wk |
| Unit rent | $550/wk | $550/wk |
| Owner occupied | 68.0% | 76.0% |
| Renter occupied | 30.0% | 22.0% |
| Schools | ||
| Schools nearby | 20 | 20 |
| Average ICSEA | 1098 | 1101 |
| Lifestyle and people | ||
| Walk score | 48 | 46 |
| Transit score | 0 | 20 |
| Bike score | 100 | 100 |
| Population | 8,886 | 12,308 |
| Median age | 40 | 43 |
| Climate | ||
| Annual rainfall | 661 mm | 661 mm |
| Mean max, January | 26.0°C | 26.0°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
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).
Mordialloc vs Parkdale: 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.
Keep comparing
The two suburbs
Compare Mordialloc with
Choosing between Mordialloc and Parkdale?
The free buying guide: budget, schemes, inspections and how not to overpay.