Warburton vs Millgrove.
Comparing two suburbs with median house prices of $745,000 and $620,000. Warburton edges out on more headline metrics in this comparison.
Millgrove (median $620,000) is roughly 20% cheaper to buy into than Warburton ($745,000).
Warburton scores higher on walkability (50/100 vs 0/100 ), useful if you're optimising for a car-light household. On school quality, the average ICSEA across schools serving Warburton (991) sits above Millgrove (989).
For buyers
Millgrove is the lower entry point at $620,000 median, 20% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.
For investors
Millgrove offers the higher gross rental yield (2.52% vs 2.09%), favouring cash-flow investors.
For families
Warburton edges out on average school ICSEA (991 vs 989).
Common questions
Is Warburton or Millgrove cheaper to buy in?
Millgrove has the lower median house price at $620,000, roughly 20% below Warburton ($745,000). The gap on units is usually similar but worth checking on the full suburb profiles.
Does Warburton or Millgrove have better schools?
On average school ICSEA (the ACARA index that benchmarks educational advantage), Warburton scores 991 vs 989 in Millgrove. 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, Warburton or Millgrove?
Warburton scores 50/100 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, Warburton or Millgrove?
Gross rental yield on houses is 2.52% in Millgrove vs 2.09% in Warburton. 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
Price & Market
Rental
Lifestyle & Demographics
Risk & Hazard
Schools
Climate
Green dot = better on that metric (lower price, higher growth, higher walkability, lower risk).
Compare Warburton against another suburb