Framlingham vs Mirboo North
Property investment comparison - Framlingham, VIC 3265 vs Mirboo North, VIC 3871
Head-to-head across core investment metrics: Framlingham wins 0, Mirboo North wins 3. 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 | Framlingham | Mirboo North |
|---|---|---|
| Median house price | $570K | $565K |
| Median unit price | $340K | - |
| Gross rental yield (houses) | 3.91% | 4.40% |
| Gross rental yield (units) | 3.61% | - |
| 1-year house growth | - | +1.2%estimate |
| 3-year house growth | - | - |
| Vacancy rate | 0.8% | 0.6% |
| Population | 169 | 2,263 |
Framlingham vs Mirboo North: what the numbers say
The median house price is $570K in Framlingham and $565K in Mirboo North, so Mirboo North is the cheaper entry point, with Framlingham houses about 1% dearer.
On cash flow, Mirboo North leads: houses there return a gross rental yield of 4.40%, compared with 3.91% in Framlingham, a gap of 0.49 percentage points.
Rental vacancy is 0.6% in Mirboo North and 0.8% in Framlingham, so landlords in Mirboo North face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.
Mirboo North is the bigger suburb, with a population of 2,263 against 169, roughly 13 times the size of Framlingham; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Mirboo North for rental income, Mirboo North for a lower purchase price, Mirboo North 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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