Fyansford vs Myrrhee
Property investment comparison - Fyansford, VIC 3218 vs Myrrhee, VIC 3732
Head-to-head across core investment metrics: Fyansford wins 3, Myrrhee wins 1. 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 | Fyansford | Myrrhee |
|---|---|---|
| Median house price | $915K | $920K |
| Median unit price | $665K | $170K |
| Gross rental yield (houses) | 3.70% | 2.91% |
| Gross rental yield (units) | 4.19% | - |
| 1-year house growth | -4.7%estimate | - |
| 3-year house growth | - | - |
| Vacancy rate | 2.6% | 3.0% |
| Population | 1,206 | 168 |
Fyansford vs Myrrhee: what the numbers say
The median house price is $915K in Fyansford and $920K in Myrrhee, so Fyansford is the cheaper entry point, with Myrrhee houses about 1% dearer.
For units, Fyansford sits at a median of $665K against $170K in Myrrhee, which makes Myrrhee the more affordable unit market and Fyansford the pricier one.
On cash flow, Fyansford leads: houses there return a gross rental yield of 3.70%, compared with 2.91% in Myrrhee, a gap of 0.79 percentage points.
Rental vacancy is 2.6% in Fyansford and 3.0% in Myrrhee, so landlords in Fyansford face less competition for tenants.
Fyansford is the bigger suburb, with a population of 1,206 against 168, roughly 7 times the size of Myrrhee; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Fyansford for rental income, Fyansford for a lower purchase price, Fyansford 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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