Skip to main content

Horfield vs Murchison

Property investment comparison - Horfield, VIC 3567 vs Murchison, VIC 3610

Head-to-head across core investment metrics: Horfield wins 1, Murchison 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.

MetricHorfieldMurchison
Median house price$430K$425K
Median unit price--
Gross rental yield (houses)-5.29%
Gross rental yield (units)-7.79%
1-year house growth-+7.7%estimate
3-year house growth--
Vacancy rate2.2%3.7%
Population93884

Horfield vs Murchison: what the numbers say

The median house price is $430K in Horfield and $425K in Murchison, so Murchison is the cheaper entry point, with Horfield houses about 1% dearer.

Rental vacancy is 2.2% in Horfield and 3.7% in Murchison, so landlords in Horfield face less competition for tenants.

Murchison is the bigger suburb, with a population of 884 against 93, roughly 10 times the size of Horfield; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Murchison for a lower purchase price, Horfield for the tighter rental market. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.

Keep exploring

Compare any 2-4 Australian suburbs

Build your own multi-suburb comparison with the full interactive tool.

Open interactive comparison