Mount Elliot vs Lisarow

Lisarow (median $1,210,000) is roughly 37% cheaper to buy into than Mount Elliot ($1,920,000). Over the past year, Lisarow (+3.4%) ran 19.9 percentage points ahead of Mount Elliot (-16.5%) on house-price growth.

Buying in Mount Elliot or Lisarow?

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Mount Elliot and Lisarow side by side

MeasureMount ElliotLisarow
Price and market
Median house$1,920,000$1,210,000
Median unit$316,800$316,800
House price change, 12 months-16.5%+3.4%
Renting
House rent$693/wk$693/wk
Unit rent$600/wk$600/wk
Owner occupied100.0%82.0%
Renter occupied–14.0%
Schools
Schools nearby2020
Average ICSEA10291023
Lifestyle and people
Walk score018
Transit score00
Bike score0100
Population1695,299
Median age4841
Climate
Annual rainfall1288 mm1288 mm
Mean max, January27.2°C27.2°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

Lisarow scores higher on walkability (0/100 vs 18/100 ), useful if you're optimising for a car-light household. On school quality, the average ICSEA across schools serving Mount Elliot (1029) sits above Lisarow (1023). Mount Elliot skews owner-occupied (100%), Lisarow runs more rental-dense (82% owner).

For buyers
Lisarow is the lower entry point at $1,210,000 median, 37% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.
For investors
Lisarow carries both higher gross yield (2.98% vs 1.88%) and stronger 12-month growth. On the headline numbers, it's the cleaner investor case of the two.
For families
Mount Elliot edges out on average school ICSEA (1029 vs 1023).

Mount Elliot vs Lisarow: common questions

Is Mount Elliot or Lisarow cheaper to buy in?

Lisarow has the lower median house price at $1,210,000, roughly 37% below Mount Elliot ($1,920,000). The gap on units is usually similar but worth checking on the full suburb profiles.

Which has stronger property growth, Mount Elliot or Lisarow?

Over the past 12 months, Lisarow grew +3.4% vs -16.5% in Mount Elliot, a gap of 19.9 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 Mount Elliot or Lisarow have better schools?

On average school ICSEA (the ACARA index that benchmarks educational advantage), Mount Elliot scores 1029 vs 1023 in Lisarow. 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, Mount Elliot or Lisarow?

Lisarow scores 18/100 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, Mount Elliot or Lisarow?

Gross rental yield on houses is 2.98% in Lisarow vs 1.88% in Mount Elliot. 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.