Duncraig vs Myaree

Houses cost about the same in both suburbs: the median house price is $1.5M in Duncraig and $1.5M in Myaree.

For units, Duncraig sits at a median of $850K against $760K in Myaree, which makes Myaree the more affordable unit market and Duncraig the pricier one.

On cash flow, Duncraig leads: houses there return a gross rental yield of 3.10%, compared with 2.99% in Myaree, a gap of 0.11 percentage points.

Over the past year house prices moved +15.8% in Duncraig and +11.7% in Myaree, so recent momentum favours Duncraig, although both suburbs recorded growth.

Looking back three years, Duncraig houses are +59.3% and Myaree houses +79.6%, so Myaree has compounded faster than Duncraig over the longer window.

Rental vacancy is 0.9% in Duncraig and 1.9% in Myaree, so landlords in Duncraig face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Duncraig is the bigger suburb, with a population of 15,982 against 2,105, roughly 8 times the size of Myaree; a larger suburb usually means a deeper pool of buyers and tenants.

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