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Croydon Hills vs Merriang South

Property investment comparison - Croydon Hills, VIC 3136 vs Merriang South, VIC 3737

Head-to-head across core investment metrics: Croydon Hills wins 2, Merriang South 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.

MetricCroydon HillsMerriang South
Median house price$1.2M$1.2M
Median unit price-$655K
Gross rental yield (houses)3.32%-
Gross rental yield (units)2.93%2.74%
1-year house growth+1.3%estimate-
3-year house growth--
Vacancy rate1.0%1.8%
Population4,83943

Croydon Hills vs Merriang South: what the numbers say

The median house price is $1.2M in Croydon Hills and $1.2M in Merriang South, so Merriang South is the cheaper entry point, with Croydon Hills houses about 1% dearer.

Rental vacancy is 1.0% in Croydon Hills and 1.8% in Merriang South, so landlords in Croydon Hills face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Croydon Hills is the bigger suburb, with a population of 4,839 against 43, roughly 113 times the size of Merriang South; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Merriang South for a lower purchase price, Croydon Hills 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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