Side by sideSuburb comparison

Woodstock vs Mernda.

Comparing two suburbs with median house prices of $627,000 and $725,000. Mernda edges out on more headline metrics in this comparison.

Woodstock (median $627,000) is roughly 14% cheaper to buy into than Mernda ($725,000).

Mernda scores higher on walkability (0/100 vs 2/100 ), useful if you're optimising for a car-light household. On school quality, the average ICSEA across schools serving Mernda (1052) sits above Woodstock (1042).

The takeWhich suburb suits which buyer

For buyers

Woodstock is the lower entry point at $627,000 median, 14% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.

For investors

Woodstock offers the higher gross rental yield (3.23% vs 2.80%), favouring cash-flow investors.

For families

Mernda edges out on average school ICSEA (1052 vs 1042).

Common questionsWoodstock vs Mernda

Common questions

Is Woodstock or Mernda cheaper to buy in?

Woodstock has the lower median house price at $627,000, roughly 14% below Mernda ($725,000). The gap on units is usually similar but worth checking on the full suburb profiles.

Does Woodstock or Mernda have better schools?

On average school ICSEA (the ACARA index that benchmarks educational advantage), Mernda scores 1052 vs 1042 in Woodstock. 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, Woodstock or Mernda?

Mernda scores 2/100 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, Woodstock or Mernda?

Gross rental yield on houses is 3.23% in Woodstock vs 2.80% in Mernda. 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

Woodstock
Metric
Mernda

Price & Market

$627,000
Median house
$725,000
$554,400
Median unit
$509,500
+0.0%
Annual growth (house)
+0.0%
Days on market

Rental

$390/wk
Rent (house / wk)
$390/wk
$332/wk
Rent (unit / wk)
$381/wk
Owner occupied
69.0%
Renter occupied
27.0%

Lifestyle & Demographics

0
Walk score
2
0
Transit score
0
0
Bike score
100
150
Population
23,369
53
Median age
33

Risk & Hazard

Flood class
Bushfire risk

Schools

20
Schools nearby
20
1042
Avg ICSEA
1052

Climate

639 mm
Annual rainfall
639 mm
25.9°C
Mean max (Jan)
25.9°C

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