Side by sideSuburb comparison

Myrtle Bank vs Highgate.

Comparing two suburbs with median house prices of $1,560,000 and $2,600,000. Myrtle Bank edges out on more headline metrics in this comparison.

Myrtle Bank (median $1,560,000) is roughly 40% cheaper to buy into than Highgate ($2,600,000). Over the past year, Highgate (+56.9%) ran 65.1 percentage points ahead of Myrtle Bank (-8.2%) on house-price growth.

Myrtle Bank scores higher on walkability (40/100 vs 20/100 ), useful if you're optimising for a car-light household.

The takeWhich suburb suits which buyer

For buyers

Myrtle Bank is the lower entry point at $1,560,000 median, 40% 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: Myrtle Bank delivers the better gross yield (2.24% vs 1.50%), but Highgate 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

School and household data is too similar between the two to call a winner on family fit. Check the individual profiles for street-level school catchments.

Common questionsMyrtle Bank vs Highgate

Common questions

Is Myrtle Bank or Highgate cheaper to buy in?

Myrtle Bank has the lower median house price at $1,560,000, roughly 40% below Highgate ($2,600,000). The gap on units is usually similar but worth checking on the full suburb profiles.

Which has stronger property growth, Myrtle Bank or Highgate?

Over the past 12 months, Highgate grew +56.9% vs -8.2% in Myrtle Bank, a gap of 65.1 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.

Which is more walkable, Myrtle Bank or Highgate?

Myrtle Bank scores 40/100 on walkability vs 20/100. 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, Myrtle Bank or Highgate?

Gross rental yield on houses is 2.24% in Myrtle Bank vs 1.50% in Highgate. 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

Myrtle Bank
Metric
Highgate

Price & Market

$1,560,000
Median house
$2,600,000
$404,640
Median unit
$329,040
-8.2%
Annual growth (house)
+56.9%
Days on market

Rental

$672/wk
Rent (house / wk)
$750/wk
$550/wk
Rent (unit / wk)
$790/wk
67.0%
Owner occupied
74.0%
17.0%
Renter occupied
23.0%

Lifestyle & Demographics

40
Walk score
20
0
Transit score
20
100
Bike score
100
3,158
Population
1,504
54
Median age
41

Risk & Hazard

Flood class
Bushfire risk

Schools

20
Schools nearby
20
1125
Avg ICSEA
1125

Climate

448 mm
Annual rainfall
448 mm
27.9°C
Mean max (Jan)
27.9°C

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