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Beaufort vs Muskerry

Property investment comparison - Beaufort, VIC 3373 vs Muskerry, VIC 3557

Head-to-head across core investment metrics: Beaufort wins 1, Muskerry 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.

MetricBeaufortMuskerry
Median house price$455K$450K
Median unit price$425K-
Gross rental yield (houses)4.78%6.30%
Gross rental yield (units)--
1-year house growth+13.5%-
3-year house growth+7.4%-
Vacancy rate0.5%3.0%
Population1,71259

Beaufort vs Muskerry: what the numbers say

The median house price is $455K in Beaufort and $450K in Muskerry, so Muskerry is the cheaper entry point, with Beaufort houses about 1% dearer.

On cash flow, Muskerry leads: houses there return a gross rental yield of 6.30%, compared with 4.78% in Beaufort, a gap of 1.52 percentage points.

Rental vacancy is 0.5% in Beaufort and 3.0% in Muskerry, so landlords in Beaufort face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Beaufort is the bigger suburb, with a population of 1,712 against 59, roughly 29 times the size of Muskerry; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Muskerry for rental income, Muskerry for a lower purchase price, Beaufort 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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