Earlston vs Melton South
Property investment comparison - Earlston, VIC 3669 vs Melton South, VIC 3338
Head-to-head across core investment metrics: Earlston wins 2, Melton South wins 0. 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 | Earlston | Melton South |
|---|---|---|
| Median house price | $585K | $585K |
| Median unit price | - | $410K |
| Gross rental yield (houses) | 5.38% | 3.83% |
| Gross rental yield (units) | - | 4.85% |
| 1-year house growth | - | +10.7%estimate |
| 3-year house growth | - | - |
| Vacancy rate | 0.8% | 3.7% |
| Population | 82 | 11,362 |
Earlston vs Melton South: what the numbers say
Houses cost about the same in both suburbs: the median house price is $585K in Earlston and $585K in Melton South.
On cash flow, Earlston leads: houses there return a gross rental yield of 5.38%, compared with 3.83% in Melton South, a gap of 1.55 percentage points.
Rental vacancy is 0.8% in Earlston and 3.7% in Melton South, so landlords in Earlston face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.
Melton South is the bigger suburb, with a population of 11,362 against 82, roughly 139 times the size of Earlston; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Earlston for rental income, Earlston 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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