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Denver vs McKinnon

Property investment comparison - Denver, VIC 3461 vs McKinnon, VIC 3204

Head-to-head across core investment metrics: Denver wins 1, McKinnon 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.

MetricDenverMcKinnon
Median house price$1.9M$1.9M
Median unit price$1.1M-
Gross rental yield (houses)-2.85%
Gross rental yield (units)2.14%4.57%
1-year house growth-+3.7%
3-year house growth--6.0%
Vacancy rate3.4%1.1%
Population1486,878

Denver vs McKinnon: what the numbers say

The median house price is $1.9M in Denver and $1.9M in McKinnon, so Denver is the cheaper entry point, with McKinnon houses about 1% dearer.

Rental vacancy is 1.1% in McKinnon and 3.4% in Denver, so landlords in McKinnon face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

McKinnon is the bigger suburb, with a population of 6,878 against 148, roughly 46 times the size of Denver; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Denver for a lower purchase price, McKinnon 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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