Barrabool vs Middle Park
Property investment comparison - Barrabool, VIC 3221 vs Middle Park, VIC 3206
Head-to-head across core investment metrics: Barrabool wins 3, Middle Park wins 1. 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 | Barrabool | Middle Park |
|---|---|---|
| Median house price | $3.0M | $3.1M |
| Median unit price | $620K | $1.0M |
| Gross rental yield (houses) | - | 2.04% |
| Gross rental yield (units) | 3.59% | 3.34% |
| 1-year house growth | - | +1.3% |
| 3-year house growth | - | +23.2% |
| Vacancy rate | 2.8% | 2.1% |
| Population | 247 | 4,000 |
Barrabool vs Middle Park: what the numbers say
The median house price is $3.0M in Barrabool and $3.1M in Middle Park, so Barrabool is the cheaper entry point, with Middle Park houses about 2% dearer.
For units, Barrabool sits at a median of $620K against $1.0M in Middle Park, which makes Barrabool the more affordable unit market and Middle Park the pricier one.
Rental vacancy is 2.1% in Middle Park and 2.8% in Barrabool, so landlords in Middle Park face less competition for tenants.
Middle Park is the bigger suburb, with a population of 4,000 against 247, roughly 16 times the size of Barrabool; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Barrabool for a lower purchase price, Middle Park 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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