Mulgrave vs Windsor.
Comparing two suburbs with median house prices of $1,075,000 and $905,000.
Windsor (median $905,000) is roughly 19% cheaper to buy into than Mulgrave ($1,075,000). Over the past year, Mulgrave (0%) ran 6.8 percentage points ahead of Windsor (-6.8%) on house-price growth.
Windsor scores higher on walkability (4/100 vs 80/100 ), useful if you're optimising for a car-light household. On school quality, the average ICSEA across schools serving Mulgrave (993) sits above Windsor (985). Windsor skews owner-occupied (56%), Mulgrave runs more rental-dense (41% owner).
For buyers
Windsor is the lower entry point at $905,000 median, 19% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.
For investors
Investors face a yield-versus-growth split: Windsor delivers the better gross yield (2.30% vs 1.93%), but Mulgrave has run faster on capital growth this year. The right pick depends on whether you're optimising for cash flow or capital appreciation.
For families
Mulgrave edges out on average school ICSEA (993 vs 985). Mulgrave also has a higher family-household share (72% vs 62%), so the catchment community skews family-heavy.
Common questions
Is Mulgrave or Windsor cheaper to buy in?
Windsor has the lower median house price at $905,000, roughly 19% below Mulgrave ($1,075,000). The gap on units is usually similar but worth checking on the full suburb profiles.
Which has stronger property growth, Mulgrave or Windsor?
Over the past 12 months, Mulgrave grew 0% vs -6.8% in Windsor, a gap of 6.8 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 Mulgrave or Windsor have better schools?
On average school ICSEA (the ACARA index that benchmarks educational advantage), Mulgrave scores 993 vs 985 in Windsor. 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, Mulgrave or Windsor?
Windsor scores 80/100 on walkability vs 4/100. 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, Mulgrave or Windsor?
Gross rental yield on houses is 2.30% in Windsor vs 1.93% in Mulgrave. 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).
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