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Chiton vs Murrawong

Property investment comparison - Chiton, SA 5211 vs Murrawong, SA 5253

Head-to-head across core investment metrics: Chiton wins 1, Murrawong 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.

MetricChitonMurrawong
Median house price$990K$980K
Median unit price$580K$230K
Gross rental yield (houses)3.80%2.61%
Gross rental yield (units)4.41%-
1-year house growth+11.4%estimate-
3-year house growth--
Vacancy rate2.4%1.3%
Population44019

Chiton vs Murrawong: what the numbers say

The median house price is $990K in Chiton and $980K in Murrawong, so Murrawong is the cheaper entry point, with Chiton houses about 1% dearer.

For units, Chiton sits at a median of $580K against $230K in Murrawong, which makes Murrawong the more affordable unit market and Chiton the pricier one.

On cash flow, Chiton leads: houses there return a gross rental yield of 3.80%, compared with 2.61% in Murrawong, a gap of 1.19 percentage points.

Rental vacancy is 1.3% in Murrawong and 2.4% in Chiton, so landlords in Murrawong face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Chiton is the bigger suburb, with a population of 440 against 19, roughly 23 times the size of Murrawong; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Chiton for rental income, Murrawong for a lower purchase price, Murrawong 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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