Side by sideSuburb comparison

Oakville vs Mcgraths Hill.

Comparing two suburbs with median house prices of $1,180,000 and $1,087,500. Mcgraths Hill edges out on more headline metrics in this comparison.

Mcgraths Hill (median $1,087,500) is roughly 9% cheaper to buy into than Oakville ($1,180,000). Over the past year, Mcgraths Hill (+8.8%) ran 13.3 percentage points ahead of Oakville (-4.5%) on house-price growth.

Mcgraths Hill scores higher on walkability (0/100 vs 28/100 ), useful if you're optimising for a car-light household. On school quality, the average ICSEA across schools serving Oakville (1009) sits above Mcgraths Hill (1005).

The takeWhich suburb suits which buyer

For buyers

Mcgraths Hill is the lower entry point at $1,087,500 median, 9% 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: Oakville delivers the better gross yield (3.75% vs 3.44%), but Mcgraths Hill 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

Oakville edges out on average school ICSEA (1009 vs 1005).

Common questionsOakville vs Mcgraths Hill

Common questions

Is Oakville or Mcgraths Hill cheaper to buy in?

Mcgraths Hill has the lower median house price at $1,087,500, roughly 9% below Oakville ($1,180,000). The gap on units is usually similar but worth checking on the full suburb profiles.

Which has stronger property growth, Oakville or Mcgraths Hill?

Over the past 12 months, Mcgraths Hill grew +8.8% vs -4.5% in Oakville, a gap of 13.3 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.

Does Oakville or Mcgraths Hill have better schools?

On average school ICSEA (the ACARA index that benchmarks educational advantage), Oakville scores 1009 vs 1005 in Mcgraths Hill. 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, Oakville or Mcgraths Hill?

Mcgraths Hill scores 28/100 on walkability vs 0/100. 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, Oakville or Mcgraths Hill?

Gross rental yield on houses is 3.75% in Oakville vs 3.44% in Mcgraths 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

Oakville
Metric
Mcgraths Hill

Price & Market

$1,180,000
Median house
$1,087,500
$446,400
Median unit
$348,480
-4.5%
Annual growth (house)
+8.8%
Days on market

Rental

$850/wk
Rent (house / wk)
$720/wk
$560/wk
Rent (unit / wk)
$500/wk
81.0%
Owner occupied
77.0%
15.0%
Renter occupied
20.0%

Lifestyle & Demographics

0
Walk score
28
0
Transit score
0
0
Bike score
10
2,027
Population
2,537
44
Median age
34

Risk & Hazard

Flood class
Bushfire risk

Schools

20
Schools nearby
20
1009
Avg ICSEA
1005

Climate

1302 mm
Annual rainfall
1302 mm
26.0°C
Mean max (Jan)
26.0°C

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