Eynesbury vs Murrabit

Houses cost about the same in both suburbs: the median house price is $685K in Eynesbury and $685K in Murrabit.

For units, Eynesbury sits at a median of $765K against $395K in Murrabit, which makes Murrabit the more affordable unit market and Eynesbury the pricier one.

On cash flow, Eynesbury leads: houses there return a gross rental yield of 3.43%, compared with 2.99% in Murrabit, a gap of 0.44 percentage points.

Over the past year house prices moved -7.8% in Eynesbury and +22.7% in Murrabit, so recent momentum favours Murrabit, while Eynesbury went backwards.

Rental vacancy is 0.6% in Murrabit and 6.8% in Eynesbury, so landlords in Murrabit face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Eynesbury is the bigger suburb, with a population of 2,838 against 230, roughly 12 times the size of Murrabit; a larger suburb usually means a deeper pool of buyers and tenants.

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