Mumbil vs Farnham.
Comparing two suburbs with median house prices of $230,000 and $575,000.
Mumbil (median $230,000) is roughly 60% cheaper to buy into than Farnham ($575,000).
On school quality, the average ICSEA across schools serving Farnham (895) sits above Mumbil (861). Farnham skews owner-occupied (100%), Mumbil runs more rental-dense (77% owner).
For buyers
Mumbil is the lower entry point at $230,000 median, 60% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.
For investors
Mumbil offers the higher gross rental yield (5.20% vs 2.08%), favouring cash-flow investors.
For families
Farnham edges out on average school ICSEA (895 vs 861). Farnham also has a higher family-household share (100% vs 60%), so the catchment community skews family-heavy.
Common questions
Is Mumbil or Farnham cheaper to buy in?
Mumbil has the lower median house price at $230,000, roughly 60% below Farnham ($575,000). The gap on units is usually similar but worth checking on the full suburb profiles.
Does Mumbil or Farnham have better schools?
On average school ICSEA (the ACARA index that benchmarks educational advantage), Farnham scores 895 vs 861 in Mumbil. 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, Mumbil or Farnham?
Gross rental yield on houses is 5.20% in Mumbil vs 2.08% in Farnham. 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 Mumbil against another suburb