Harkness vs Molyullah
Property investment comparison - Harkness, VIC 3337 vs Molyullah, VIC 3673
Head-to-head across core investment metrics: Harkness wins 1, Molyullah 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 | Harkness | Molyullah |
|---|---|---|
| Median house price | $635K | $635K |
| Median unit price | $440K | $380K |
| Gross rental yield (houses) | 3.71% | 4.00% |
| Gross rental yield (units) | 4.80% | 2.81% |
| 1-year house growth | +10.9%estimate | - |
| 3-year house growth | - | - |
| Vacancy rate | 3.2% | 3.2% |
| Population | 12,463 | 160 |
Harkness vs Molyullah: what the numbers say
Houses cost about the same in both suburbs: the median house price is $635K in Harkness and $635K in Molyullah.
For units, Harkness sits at a median of $440K against $380K in Molyullah, which makes Molyullah the more affordable unit market and Harkness the pricier one.
On cash flow, Molyullah leads: houses there return a gross rental yield of 4.00%, compared with 3.71% in Harkness, a gap of 0.29 percentage points.
Rental vacancy is 3.2% in Molyullah and 3.2% in Harkness, so landlords in Molyullah face less competition for tenants.
Harkness is the bigger suburb, with a population of 12,463 against 160, roughly 78 times the size of Molyullah; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Molyullah for rental income, Molyullah 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
Compare any 2-4 Australian suburbs
Build your own multi-suburb comparison with the full interactive tool.
Open interactive comparison