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Junction Hill vs Murringo

Property investment comparison - Junction Hill, NSW 2460 vs Murringo, NSW 2586

Head-to-head across core investment metrics: Junction Hill wins 4, Murringo 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.

MetricJunction HillMurringo
Median house price$595K$590K
Median unit price-$420K
Gross rental yield (houses)5.10%3.97%
Gross rental yield (units)4.26%3.87%
1-year house growth+6.4%-13.3%
3-year house growth+1.9%-
Vacancy rate0.6%6.2%
Population1,547390

Junction Hill vs Murringo: what the numbers say

The median house price is $595K in Junction Hill and $590K in Murringo, so Murringo is the cheaper entry point, with Junction Hill houses about 1% dearer.

On cash flow, Junction Hill leads: houses there return a gross rental yield of 5.10%, compared with 3.97% in Murringo, a gap of 1.13 percentage points.

Over the past year house prices moved +6.4% in Junction Hill and -13.3% in Murringo, so recent momentum favours Junction Hill, while Murringo went backwards.

Rental vacancy is 0.6% in Junction Hill and 6.2% in Murringo, so landlords in Junction Hill face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Junction Hill is the bigger suburb, with a population of 1,547 against 390, roughly 4.0 times the size of Murringo; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Junction Hill for rental income, Murringo for a lower purchase price, Junction Hill for recent price momentum, Junction Hill 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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