Side by sideSuburb comparison

Newmarket vs Grange.

Comparing two suburbs with median house prices of $1,490,000 and $1,747,500. Newmarket edges out on more headline metrics in this comparison.

Newmarket (median $1,490,000) is roughly 15% cheaper to buy into than Grange ($1,747,500).

Grange scores higher on walkability (44/100 vs 58/100 ), useful if you're optimising for a car-light household. On school quality, the average ICSEA across schools serving Newmarket (1137) sits above Grange (1109).

The takeWhich suburb suits which buyer

For buyers

Newmarket is the lower entry point at $1,490,000 median, 15% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.

For investors

Rental or growth data is incomplete for one or both suburbs. Look at the full investor view on each suburb profile for a complete picture.

For families

Newmarket edges out on average school ICSEA (1137 vs 1109).

Common questionsNewmarket vs Grange

Common questions

Is Newmarket or Grange cheaper to buy in?

Newmarket has the lower median house price at $1,490,000, roughly 15% below Grange ($1,747,500). The gap on units is usually similar but worth checking on the full suburb profiles.

Does Newmarket or Grange have better schools?

On average school ICSEA (the ACARA index that benchmarks educational advantage), Newmarket scores 1137 vs 1109 in Grange. 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, Newmarket or Grange?

Grange scores 58/100 on walkability vs 44/100. 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.

The numbers behind the take

Newmarket
Metric
Grange

Price & Market

$1,490,000
Median house
$1,747,500
$560,000
Median unit
$830,000
+0.0%
Annual growth (house)
+0.0%
Days on market

Rental

$750/wk
Rent (house / wk)
$630/wk
Rent (unit / wk)
52.0%
Owner occupied
45.0%
Renter occupied

Lifestyle & Demographics

44
Walk score
58
20
Transit score
0
100
Bike score
100
5,083
Population
33
Median age

Risk & Hazard

Flood class
Bushfire risk

Schools

20
Schools nearby
20
1137
Avg ICSEA
1109

Climate

1068 mm
Annual rainfall
1068 mm
30.4°C
Mean max (Jan)
30.4°C

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