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Mardan vs Moorabbin

Property investment comparison - Mardan, VIC 3953 vs Moorabbin, VIC 3189

Head-to-head across core investment metrics: Mardan wins 3, Moorabbin 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.

MetricMardanMoorabbin
Median house price$1.3M$1.3M
Median unit price$640K$765K
Gross rental yield (houses)2.01%3.20%
Gross rental yield (units)3.20%4.42%
1-year house growth-+6.1%
3-year house growth--0.8%
Vacancy rate0.6%1.0%
Population2486,287

Mardan vs Moorabbin: what the numbers say

The median house price is $1.3M in Mardan and $1.3M in Moorabbin, so Mardan is the cheaper entry point, with Moorabbin houses about 1% dearer.

For units, Mardan sits at a median of $640K against $765K in Moorabbin, which makes Mardan the more affordable unit market and Moorabbin the pricier one.

On cash flow, Moorabbin leads: houses there return a gross rental yield of 3.20%, compared with 2.01% in Mardan, a gap of 1.19 percentage points.

Rental vacancy is 0.6% in Mardan and 1.0% in Moorabbin, so landlords in Mardan face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Moorabbin is the bigger suburb, with a population of 6,287 against 248, roughly 25 times the size of Mardan; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Moorabbin for rental income, Mardan for a lower purchase price, Mardan 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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