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Maddingley vs Myrtleford

Property investment comparison - Maddingley, VIC 3340 vs Myrtleford, VIC 3737

Head-to-head across core investment metrics: Maddingley wins 0, Myrtleford 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.

MetricMaddingleyMyrtleford
Median house price$650K$650K
Median unit price--
Gross rental yield (houses)-3.86%
Gross rental yield (units)4.85%-
1-year house growth+4.3%+11.6%
3-year house growth+1.8%+8.0%
Vacancy rate2.6%0.7%
Population5,4913,285

Maddingley vs Myrtleford: what the numbers say

Houses cost about the same in both suburbs: the median house price is $650K in Maddingley and $650K in Myrtleford.

Over the past year house prices moved +4.3% in Maddingley and +11.6% in Myrtleford, so recent momentum favours Myrtleford, although both suburbs recorded growth.

Looking back three years, Maddingley houses are +1.8% and Myrtleford houses +8.0%, so Myrtleford has compounded faster than Maddingley over the longer window.

Rental vacancy is 0.7% in Myrtleford and 2.6% in Maddingley, so landlords in Myrtleford face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Maddingley is the bigger suburb, with a population of 5,491 against 3,285, larger than Myrtleford; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Myrtleford 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.

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