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Loy Yang vs Meadow Heights

Property investment comparison - Loy Yang, VIC 3844 vs Meadow Heights, VIC 3048

Head-to-head across core investment metrics: Loy Yang wins 0, Meadow Heights wins 2. 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.

MetricLoy YangMeadow Heights
Median house price$685K$685K
Median unit price-$545K
Gross rental yield (houses)3.75%4.05%
Gross rental yield (units)-4.86%
1-year house growth-+8.7%
3-year house growth-+21.2%
Vacancy rate2.4%1.4%
Population714,890

Loy Yang vs Meadow Heights: what the numbers say

Houses cost about the same in both suburbs: the median house price is $685K in Loy Yang and $685K in Meadow Heights.

On cash flow, Meadow Heights leads: houses there return a gross rental yield of 4.05%, compared with 3.75% in Loy Yang, a gap of 0.30 percentage points.

Rental vacancy is 1.4% in Meadow Heights and 2.4% in Loy Yang, so landlords in Meadow Heights face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Meadow Heights is the bigger suburb, with a population of 14,890 against 7, roughly 2127 times the size of Loy Yang; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Meadow Heights for rental income, Meadow Heights 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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