Fawkner vs Murroon
Property investment comparison - Fawkner, VIC 3060 vs Murroon, VIC 3243
Head-to-head across core investment metrics: Fawkner wins 2, Murroon 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 | Fawkner | Murroon |
|---|---|---|
| Median house price | $850K | $850K |
| Median unit price | $650K | $760K |
| Gross rental yield (houses) | 3.60% | 2.92% |
| Gross rental yield (units) | - | 4.53% |
| 1-year house growth | +6.8%estimate | - |
| 3-year house growth | - | - |
| Vacancy rate | 1.0% | - |
| Population | 14,274 | 95 |
Fawkner vs Murroon: what the numbers say
Houses cost about the same in both suburbs: the median house price is $850K in Fawkner and $850K in Murroon.
For units, Fawkner sits at a median of $650K against $760K in Murroon, which makes Fawkner the more affordable unit market and Murroon the pricier one.
On cash flow, Fawkner leads: houses there return a gross rental yield of 3.60%, compared with 2.92% in Murroon, a gap of 0.68 percentage points.
Fawkner is the bigger suburb, with a population of 14,274 against 95, roughly 150 times the size of Murroon; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Fawkner for rental income. 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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