Side by sideSuburb comparison

Myrtle Bank vs Urrbrae.

Comparing two suburbs with median house prices of $1,560,000 and $1,350,000. Myrtle Bank edges out on more headline metrics in this comparison.

Urrbrae (median $1,350,000) is roughly 16% cheaper to buy into than Myrtle Bank ($1,560,000). Over the past year, Myrtle Bank (-8.2%) ran 7.5 percentage points ahead of Urrbrae (-15.7%) on house-price growth.

Myrtle Bank scores higher on walkability (40/100 vs 12/100 ), useful if you're optimising for a car-light household. Urrbrae skews owner-occupied (86%), Myrtle Bank runs more rental-dense (67% owner).

The takeWhich suburb suits which buyer

For buyers

Urrbrae is the lower entry point at $1,350,000 median, 16% 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: Urrbrae delivers the better gross yield (2.31% vs 2.24%), but Myrtle Bank 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

Urrbrae has a heavier family-household mix (82% vs 66%), which typically signals stronger demand for family-amenable infrastructure (parks, schools, supermarkets).

Common questionsMyrtle Bank vs Urrbrae

Common questions

Is Myrtle Bank or Urrbrae cheaper to buy in?

Urrbrae has the lower median house price at $1,350,000, roughly 16% below Myrtle Bank ($1,560,000). The gap on units is usually similar but worth checking on the full suburb profiles.

Which has stronger property growth, Myrtle Bank or Urrbrae?

Over the past 12 months, Myrtle Bank grew -8.2% vs -15.7% in Urrbrae, a gap of 7.5 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 Urrbrae?

Myrtle Bank scores 40/100 on walkability vs 12/100. 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 Urrbrae?

Gross rental yield on houses is 2.31% in Urrbrae vs 2.24% in Myrtle Bank. 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
Urrbrae

Price & Market

$1,560,000
Median house
$1,350,000
$404,640
Median unit
$404,640
-8.2%
Annual growth (house)
-15.7%
Days on market

Rental

$672/wk
Rent (house / wk)
$600/wk
$550/wk
Rent (unit / wk)
$630/wk
67.0%
Owner occupied
86.0%
17.0%
Renter occupied
13.0%

Lifestyle & Demographics

40
Walk score
12
0
Transit score
10
100
Bike score
50
3,158
Population
1,070
54
Median age
44

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).