Corio vs Marlo
Property investment comparison - Corio, VIC 3214 vs Marlo, VIC 3888
Head-to-head across core investment metrics: Corio wins 2, Marlo 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.
| Metric | Corio | Marlo |
|---|---|---|
| Median house price | $590K | $590K |
| Median unit price | $450K | - |
| Gross rental yield (houses) | 3.97% | 4.10% |
| Gross rental yield (units) | 4.52% | - |
| 1-year house growth | +16.3% | +7.4% |
| 3-year house growth | +20.1% | +14.3% |
| Vacancy rate | 1.3% | 0.8% |
| Population | 15,497 | 602 |
Corio vs Marlo: what the numbers say
Houses cost about the same in both suburbs: the median house price is $590K in Corio and $590K in Marlo.
On cash flow, Marlo leads: houses there return a gross rental yield of 4.10%, compared with 3.97% in Corio, a gap of 0.13 percentage points.
Over the past year house prices moved +16.3% in Corio and +7.4% in Marlo, so recent momentum favours Corio, although both suburbs recorded growth.
Looking back three years, Corio houses are +20.1% and Marlo houses +14.3%, so Corio has compounded faster than Marlo over the longer window.
Rental vacancy is 0.8% in Marlo and 1.3% in Corio, so landlords in Marlo face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.
Corio is the bigger suburb, with a population of 15,497 against 602, roughly 26 times the size of Marlo; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Marlo for rental income, Corio for recent price momentum, Marlo 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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