Mount Elliot vs Springfield
Springfield (median $996,000) is roughly 48% cheaper to buy into than Mount Elliot ($1,920,000). Over the past year, Springfield (+0.7%) ran 17.2 percentage points ahead of Mount Elliot (-16.5%) on house-price growth.
Buying in Mount Elliot or Springfield?
Selling in Mount Elliot? The free selling guide
Mount Elliot and Springfield side by side
| Measure | Mount Elliot | Springfield |
|---|---|---|
| Price and market | ||
| Median house | $1,920,000 | $996,000 |
| Median unit | $316,800 | $316,800 |
| House price change, 12 months | -16.5% | +0.7% |
| Renting | ||
| House rent | $693/wk | $693/wk |
| Unit rent | $600/wk | $600/wk |
| Owner occupied | 100.0% | – |
| Schools | ||
| Schools nearby | 20 | 20 |
| Average ICSEA | 1029 | 1035 |
| Lifestyle and people | ||
| Walk score | 0 | 0 |
| Transit score | 0 | 0 |
| Bike score | 0 | 60 |
| Population | 169 | – |
| Median age | 48 | – |
| Climate | ||
| Annual rainfall | 1288 mm | 1284 mm |
| Mean max, January | 27.2°C | 27.7°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 Springfield (1035) sits above Mount Elliot (1029).
- For buyers
- Springfield is the lower entry point at $996,000 median, 48% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.
- For investors
- Springfield carries both higher gross yield (3.62% vs 1.88%) and stronger 12-month growth. On the headline numbers, it's the cleaner investor case of the two.
- For families
- Springfield edges out on average school ICSEA (1035 vs 1029).
Mount Elliot vs Springfield: common questions
Is Mount Elliot or Springfield cheaper to buy in?
Springfield has the lower median house price at $996,000, roughly 48% 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 Springfield?
Over the past 12 months, Springfield grew +0.7% vs -16.5% in Mount Elliot, a gap of 17.2 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 Springfield have better schools?
On average school ICSEA (the ACARA index that benchmarks educational advantage), Springfield scores 1035 vs 1029 in Mount Elliot. 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, Mount Elliot or Springfield?
Gross rental yield on houses is 3.62% in Springfield 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.
Keep comparing
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