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Breakaway Creek vs Mernda

Property investment comparison - Breakaway Creek, VIC 3303 vs Mernda, VIC 3754

MetricBreakaway CreekMernda
Median house price$750K$750K
Median unit price-$500K
Gross rental yield (houses)-3.81%
Gross rental yield (units)-4.95%
1-year house growth-+4.9%estimate
3-year house growth--
Vacancy rate-2.0%
Population3923,369

Breakaway Creek vs Mernda: what the numbers say

Houses cost about the same in both suburbs: the median house price is $750K in Breakaway Creek and $750K in Mernda.

Mernda is the bigger suburb, with a population of 23,369 against 39, roughly 599 times the size of Breakaway Creek; a larger suburb usually means a deeper pool of buyers and tenants.

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