Balnarring vs Mordialloc
Property investment comparison - Balnarring, VIC 3926 vs Mordialloc, VIC 3195
Head-to-head across core investment metrics: Balnarring wins 1, Mordialloc wins 3. 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.
| Metric | Balnarring | Mordialloc |
|---|---|---|
| Median house price | $1.4M | $1.4M |
| Median unit price | - | $700K |
| Gross rental yield (houses) | 2.96% | - |
| Gross rental yield (units) | 3.32% | 4.45% |
| 1-year house growth | -3.6%estimate | +8.1% |
| 3-year house growth | - | -0.7% |
| Vacancy rate | 1.7% | 0.9% |
| Population | 2,371 | 8,886 |
Balnarring vs Mordialloc: what the numbers say
The median house price is $1.4M in Balnarring and $1.4M in Mordialloc, so Balnarring is the cheaper entry point.
Over the past year house prices moved -3.6% in Balnarring (an estimate) and +8.1% in Mordialloc, so recent momentum favours Mordialloc, while Balnarring went backwards.
Rental vacancy is 0.9% in Mordialloc and 1.7% in Balnarring, so landlords in Mordialloc face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.
Mordialloc is the bigger suburb, with a population of 8,886 against 2,371, roughly 3.7 times the size of Balnarring; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Balnarring for a lower purchase price, Mordialloc for recent price momentum, Mordialloc for the tighter rental market. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.
Keep exploring
- National investment guide - top suburbs across every metric
- Take the suburb finder quiz - 5 questions to match your goals
- How our investment score works
- Property investment glossary - every term defined
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