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Heyfield vs Moe

Property investment comparison - Heyfield, VIC 3858 vs Moe, VIC 3825

Head-to-head across core investment metrics: Heyfield wins 1, Moe 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.

MetricHeyfieldMoe
Median house price$450K$450K
Median unit price-$295K
Gross rental yield (houses)-4.90%
Gross rental yield (units)3.93%5.74%
1-year house growth+7.8%+19.2%
3-year house growth+2.1%+15.2%
Vacancy rate0.5%2.0%
Population2,0509,375

Heyfield vs Moe: what the numbers say

Houses cost about the same in both suburbs: the median house price is $450K in Heyfield and $450K in Moe.

Over the past year house prices moved +7.8% in Heyfield and +19.2% in Moe, so recent momentum favours Moe, although both suburbs recorded growth.

Looking back three years, Heyfield houses are +2.1% and Moe houses +15.2%, so Moe has compounded faster than Heyfield over the longer window.

Rental vacancy is 0.5% in Heyfield and 2.0% in Moe, so landlords in Heyfield face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Moe is the bigger suburb, with a population of 9,375 against 2,050, roughly 4.6 times the size of Heyfield; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Moe for recent price momentum, Heyfield 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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