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Kurunjang vs Myall

Property investment comparison - Kurunjang, VIC 3337 vs Myall, VIC 3579

Head-to-head across core investment metrics: Kurunjang wins 1, Myall 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.

MetricKurunjangMyall
Median house price$620K$620K
Median unit price$450K$220K
Gross rental yield (houses)3.64%3.46%
Gross rental yield (units)4.80%5.67%
1-year house growth+12.8%-
3-year house growth+18.3%-
Vacancy rate2.4%0.9%
Population10,711115

Kurunjang vs Myall: what the numbers say

Houses cost about the same in both suburbs: the median house price is $620K in Kurunjang and $620K in Myall.

For units, Kurunjang sits at a median of $450K against $220K in Myall, which makes Myall the more affordable unit market and Kurunjang the pricier one.

On cash flow, Kurunjang leads: houses there return a gross rental yield of 3.64%, compared with 3.46% in Myall, a gap of 0.18 percentage points.

Rental vacancy is 0.9% in Myall and 2.4% in Kurunjang, so landlords in Myall face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Kurunjang is the bigger suburb, with a population of 10,711 against 115, roughly 93 times the size of Myall; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Kurunjang for rental income, Myall 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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