Mount Waverley vs Ashwood.
Comparing two suburbs with median house prices of $1,640,000 and $1,570,000. Ashwood edges out on more headline metrics in this comparison.
Ashwood (median $1,570,000) is roughly 4% cheaper to buy into than Mount Waverley ($1,640,000).
Mount Waverley scores higher on walkability (90/100 vs 50/100 ), useful if you're optimising for a car-light household. On school quality, the average ICSEA across schools serving Ashwood (1124) sits above Mount Waverley (1116). Mount Waverley skews owner-occupied (73%), Ashwood runs more rental-dense (60% owner).
For buyers
Ashwood is the lower entry point at $1,570,000 median, 4% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.
For investors
Mount Waverley offers the higher gross rental yield (2.20% vs 1.36%), favouring cash-flow investors.
For families
Ashwood edges out on average school ICSEA (1124 vs 1116).
Common questions
Is Mount Waverley or Ashwood cheaper to buy in?
Ashwood has the lower median house price at $1,570,000, roughly 4% below Mount Waverley ($1,640,000). The gap on units is usually similar but worth checking on the full suburb profiles.
Does Mount Waverley or Ashwood have better schools?
On average school ICSEA (the ACARA index that benchmarks educational advantage), Ashwood scores 1124 vs 1116 in Mount Waverley. 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 Waverley or Ashwood?
Mount Waverley scores 90/100 on walkability vs 50/100. 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 Waverley or Ashwood?
Gross rental yield on houses is 2.20% in Mount Waverley vs 1.36% in Ashwood. 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 Mount Waverley against another suburb