Prospect vs Nailsworth

Nailsworth (median $1,400,000) is roughly 18% cheaper to buy into than Prospect ($1,705,000).

Buying in Prospect or Nailsworth?

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Prospect and Nailsworth side by side

MeasureProspectNailsworth
Price and market
Median house$1,705,000$1,400,000
Median unit$308,880$284,400
House price change, 12 months–-6.3%
Renting
House rent$650/wk$250/wk
Unit rent$497/wk$535/wk
Owner occupied63.0%64.0%
Renter occupied35.0%32.0%
Schools
Schools nearby2020
Average ICSEA10591069
Lifestyle and people
Walk score84100
Transit score060
Bike score100100
Population14,5842,235
Median age3739
Climate
Annual rainfall485 mm485 mm
Mean max, January29.8°C29.8°C

Green dot: better on that measure (lower price, higher growth, higher walkability, lower risk). Each suburb’s profile gives the source and period of its figures.

Which suits whom

Nailsworth scores higher on walkability (84/100 vs 100/100 ), useful if you're optimising for a car-light household. On school quality, the average ICSEA across schools serving Nailsworth (1069) sits above Prospect (1059).

For buyers
Nailsworth is the lower entry point at $1,400,000 median, 18% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.
For investors
Prospect offers the higher gross rental yield (1.98% vs 0.93%), favouring cash-flow investors.
For families
Nailsworth edges out on average school ICSEA (1069 vs 1059).

Prospect vs Nailsworth: common questions

Is Prospect or Nailsworth cheaper to buy in?

Nailsworth has the lower median house price at $1,400,000, roughly 18% below Prospect ($1,705,000). The gap on units is usually similar but worth checking on the full suburb profiles.

Does Prospect or Nailsworth have better schools?

On average school ICSEA (the ACARA index that benchmarks educational advantage), Nailsworth scores 1069 vs 1059 in Prospect. 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, Prospect or Nailsworth?

Nailsworth scores 100/100 on walkability vs 84/100. 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, Prospect or Nailsworth?

Gross rental yield on houses is 1.98% in Prospect vs 0.93% in Nailsworth. 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.