Granville vs Mount Keira

Houses cost about the same in both suburbs: the median house price is $1.3M in Granville and $1.3M in Mount Keira.

For units, Granville sits at a median of $530K against $395K in Mount Keira, which makes Mount Keira the more affordable unit market and Granville the pricier one.

On cash flow, Mount Keira leads: houses there return a gross rental yield of 3.80%, compared with 3.12% in Granville, a gap of 0.68 percentage points.

Over the past year house prices moved +6.4% in Granville (an estimate) and +4.3% in Mount Keira (an estimate), so recent momentum favours Granville, although both suburbs recorded growth.

Rental vacancy is 1.5% in Granville and 2.3% in Mount Keira, so landlords in Granville face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Granville is the bigger suburb, with a population of 16,716 against 1,691, roughly 10 times the size of Mount Keira; a larger suburb usually means a deeper pool of buyers and tenants.

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