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Elliminyt vs Mambourin

Property investment comparison - Elliminyt, VIC 3250 vs Mambourin, VIC 3024

Head-to-head across core investment metrics: Elliminyt wins 3, Mambourin 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.

MetricElliminytMambourin
Median house price$650K$650K
Median unit price-$555K
Gross rental yield (houses)4.31%3.66%
Gross rental yield (units)4.95%3.22%
1-year house growth+0.1%+4.8%
3-year house growth-13.3%+1.2%
Vacancy rate1.2%7.8%
Population3,260315

Elliminyt vs Mambourin: what the numbers say

Houses cost about the same in both suburbs: the median house price is $650K in Elliminyt and $650K in Mambourin.

On cash flow, Elliminyt leads: houses there return a gross rental yield of 4.31%, compared with 3.66% in Mambourin, a gap of 0.65 percentage points.

Over the past year house prices moved +0.1% in Elliminyt and +4.8% in Mambourin, so recent momentum favours Mambourin, although both suburbs recorded growth.

Looking back three years, Elliminyt houses are -13.3% and Mambourin houses +1.2%, so Mambourin has compounded faster than Elliminyt over the longer window.

Rental vacancy is 1.2% in Elliminyt and 7.8% in Mambourin, so landlords in Elliminyt face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Elliminyt is the bigger suburb, with a population of 3,260 against 315, roughly 10 times the size of Mambourin; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Elliminyt for rental income, Mambourin for recent price momentum, Elliminyt 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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