Side by sideSuburb comparison

Mulgrave vs Notting Hill.

Comparing two suburbs with median house prices of $1,098,500 and $1,175,000. Notting Hill edges out on more headline metrics in this comparison.

Mulgrave (median $1,098,500) is roughly 7% cheaper to buy into than Notting Hill ($1,175,000).

Notting Hill scores higher on walkability (14/100 vs 52/100 ), useful if you're optimising for a car-light household. On school quality, the average ICSEA across schools serving Notting Hill (1111) sits above Mulgrave (1055).

The takeWhich suburb suits which buyer

For buyers

Mulgrave is the lower entry point at $1,098,500 median, 7% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.

For investors

Mulgrave offers the higher gross rental yield (3.03% vs 1.75%), favouring cash-flow investors.

For families

Notting Hill edges out on average school ICSEA (1111 vs 1055).

Common questionsMulgrave vs Notting Hill

Common questions

Is Mulgrave or Notting Hill cheaper to buy in?

Mulgrave has the lower median house price at $1,098,500, roughly 7% below Notting Hill ($1,175,000). The gap on units is usually similar but worth checking on the full suburb profiles.

Does Mulgrave or Notting Hill have better schools?

On average school ICSEA (the ACARA index that benchmarks educational advantage), Notting Hill scores 1111 vs 1055 in Mulgrave. 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 Notting Hill?

Notting Hill scores 52/100 on walkability vs 14/100. 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 Notting Hill?

Gross rental yield on houses is 3.03% in Mulgrave vs 1.75% in Notting Hill. 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

Mulgrave
Metric
Notting Hill

Price & Market

$1,098,500
Median house
$1,175,000
$690,000
Median unit
$400,000
+0.0%
Annual growth (house)
+0.0%
Days on market

Rental

$640/wk
Rent (house / wk)
$396/wk
$640/wk
Rent (unit / wk)
$371/wk
Owner occupied
48.0%
Renter occupied
50.0%

Lifestyle & Demographics

14
Walk score
52
0
Transit score
0
100
Bike score
100
19,889
Population
2,895
40
Median age
30

Risk & Hazard

Flood class
Bushfire risk

Schools

20
Schools nearby
20
1055
Avg ICSEA
1111

Climate

639 mm
Annual rainfall
639 mm
25.9°C
Mean max (Jan)
25.9°C

Green dot = better on that metric (lower price, higher growth, higher walkability, lower risk).