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Aireys Inlet vs Mount Martha

Property investment comparison - Aireys Inlet, VIC 3231 vs Mount Martha, VIC 3934

Head-to-head across core investment metrics: Aireys Inlet wins 3, Mount Martha wins 2. The better choice depends on whether you're optimising for cash flow, growth, affordability, or liquidity, the table below highlights the winner on each metric.

MetricAireys InletMount Martha
Median house price$1.4M$1.4M
Median unit price$810K$810K
Gross rental yield (houses)-3.32%
Gross rental yield (units)3.57%4.17%
1-year house growth-0.3%-1.6%
3-year house growth-16.3%-23.1%
Vacancy rate1.7%2.0%
Population97919,846

Aireys Inlet vs Mount Martha: what the numbers say

The median house price is $1.4M in Aireys Inlet and $1.4M in Mount Martha, so Mount Martha is the cheaper entry point, with Aireys Inlet houses about 1% dearer.

Over the past year house prices moved -0.3% in Aireys Inlet and -1.6% in Mount Martha, so recent momentum favours Aireys Inlet, while Mount Martha went backwards.

Looking back three years, Aireys Inlet houses are -16.3% and Mount Martha houses -23.1%, so Aireys Inlet has compounded faster than Mount Martha over the longer window.

Rental vacancy is 1.7% in Aireys Inlet and 2.0% in Mount Martha, so landlords in Aireys Inlet face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Mount Martha is the bigger suburb, with a population of 19,846 against 979, roughly 20 times the size of Aireys Inlet; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Mount Martha for a lower purchase price, Aireys Inlet for recent price momentum, Aireys Inlet for the tighter rental market. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.

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