Currarong vs Mayfield East

Houses cost about the same in both suburbs: the median house price is $1.1M in Currarong and $1.1M in Mayfield East.

On cash flow, Mayfield East leads: houses there return a gross rental yield of 3.46%, compared with 2.50% in Currarong, a gap of 0.96 percentage points.

Over the past year house prices moved -6.0% in Currarong and +7.9% in Mayfield East, so recent momentum favours Mayfield East, while Currarong went backwards.

Looking back three years, Currarong houses are -0.1% and Mayfield East houses +25.7%, so Mayfield East has compounded faster than Currarong over the longer window.

Rental vacancy is 1.9% in Mayfield East and 2.8% in Currarong, so landlords in Mayfield East face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Mayfield East is the bigger suburb, with a population of 1,794 against 479, roughly 3.7 times the size of Currarong; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Mayfield East for rental income, Mayfield East for recent price momentum, Mayfield East for the tighter rental market. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.