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Baranduda vs McKenzie Hill

Property investment comparison - Baranduda, VIC 3691 vs McKenzie Hill, VIC 3451

Head-to-head across core investment metrics: Baranduda wins 2, McKenzie Hill 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.

MetricBarandudaMcKenzie Hill
Median house price$745K$745K
Median unit price$550K$510K
Gross rental yield (houses)-3.58%
Gross rental yield (units)3.00%4.63%
1-year house growth+15.3%-1.9%estimate
3-year house growth+14.8%-
Vacancy rate3.4%3.5%
Population3,041775

Baranduda vs McKenzie Hill: what the numbers say

Houses cost about the same in both suburbs: the median house price is $745K in Baranduda and $745K in McKenzie Hill.

For units, Baranduda sits at a median of $550K against $510K in McKenzie Hill, which makes McKenzie Hill the more affordable unit market and Baranduda the pricier one.

Over the past year house prices moved +15.3% in Baranduda and -1.9% in McKenzie Hill (an estimate), so recent momentum favours Baranduda, while McKenzie Hill went backwards.

Rental vacancy is 3.4% in Baranduda and 3.5% in McKenzie Hill, so landlords in Baranduda face less competition for tenants.

Baranduda is the bigger suburb, with a population of 3,041 against 775, roughly 3.9 times the size of McKenzie Hill; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Baranduda for recent price momentum, Baranduda 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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