Kingsville vs Myrniong
Property investment comparison - Kingsville, VIC 3012 vs Myrniong, VIC 3341
Head-to-head across core investment metrics: Kingsville wins 4, Myrniong 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 | Kingsville | Myrniong |
|---|---|---|
| Median house price | $1.1M | $1.2M |
| Median unit price | - | $300K |
| Gross rental yield (houses) | 3.30% | 1.63% |
| Gross rental yield (units) | 5.05% | 4.73% |
| 1-year house growth | -3.5%estimate | +4.7% |
| 3-year house growth | - | - |
| Vacancy rate | 1.6% | 9.9% |
| Population | 3,920 | 387 |
Kingsville vs Myrniong: what the numbers say
The median house price is $1.1M in Kingsville and $1.2M in Myrniong, so Kingsville is the cheaper entry point, with Myrniong houses about 1% dearer.
On cash flow, Kingsville leads: houses there return a gross rental yield of 3.30%, compared with 1.63% in Myrniong, a gap of 1.67 percentage points.
Over the past year house prices moved -3.5% in Kingsville (an estimate) and +4.7% in Myrniong, so recent momentum favours Myrniong, while Kingsville went backwards.
Rental vacancy is 1.6% in Kingsville and 9.9% in Myrniong, so landlords in Kingsville face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.
Kingsville is the bigger suburb, with a population of 3,920 against 387, roughly 10 times the size of Myrniong; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Kingsville for rental income, Kingsville for a lower purchase price, Myrniong for recent price momentum, Kingsville 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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