Jackass Flat vs Myrtleford
Property investment comparison - Jackass Flat, VIC 3556 vs Myrtleford, VIC 3737
Head-to-head across core investment metrics: Jackass Flat wins 3, Myrtleford 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.
| Metric | Jackass Flat | Myrtleford |
|---|---|---|
| Median house price | $650K | $650K |
| Median unit price | - | - |
| Gross rental yield (houses) | 4.64% | 3.86% |
| Gross rental yield (units) | 4.85% | - |
| 1-year house growth | +13.5% | +11.6% |
| 3-year house growth | +26.2% | +8.0% |
| Vacancy rate | 0.8% | 0.7% |
| Population | 1,907 | 3,285 |
Jackass Flat vs Myrtleford: what the numbers say
Houses cost about the same in both suburbs: the median house price is $650K in Jackass Flat and $650K in Myrtleford.
On cash flow, Jackass Flat leads: houses there return a gross rental yield of 4.64%, compared with 3.86% in Myrtleford, a gap of 0.78 percentage points.
Over the past year house prices moved +13.5% in Jackass Flat and +11.6% in Myrtleford, so recent momentum favours Jackass Flat, although both suburbs recorded growth.
Looking back three years, Jackass Flat houses are +26.2% and Myrtleford houses +8.0%, so Jackass Flat has compounded faster than Myrtleford over the longer window.
Rental vacancy is 0.7% in Myrtleford and 0.8% in Jackass Flat, so landlords in Myrtleford face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.
Myrtleford is the bigger suburb, with a population of 3,285 against 1,907, larger than Jackass Flat; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Jackass Flat for rental income, Jackass Flat for recent price momentum, Myrtleford 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
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