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Harkness vs Minjah

Property investment comparison - Harkness, VIC 3337 vs Minjah, VIC 3276

Head-to-head across core investment metrics: Harkness wins 2, Minjah 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.

MetricHarknessMinjah
Median house price$635K$635K
Median unit price$440K-
Gross rental yield (houses)3.71%3.69%
Gross rental yield (units)4.80%-
1-year house growth+10.9%estimate-
3-year house growth--
Vacancy rate3.2%3.9%
Population12,46365

Harkness vs Minjah: what the numbers say

Houses cost about the same in both suburbs: the median house price is $635K in Harkness and $635K in Minjah.

Gross rental yield on houses is effectively level, at 3.71% in Harkness and 3.69% in Minjah, so neither suburb has a cash flow edge on houses.

Rental vacancy is 3.2% in Harkness and 3.9% in Minjah, so landlords in Harkness face less competition for tenants.

Harkness is the bigger suburb, with a population of 12,463 against 65, roughly 192 times the size of Minjah; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Harkness for the tighter rental market. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.

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