Mardan vs St Helena
Property investment comparison - Mardan, VIC 3953 vs St Helena, VIC 3088
Head-to-head across core investment metrics: Mardan wins 3, St Helena 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 | Mardan | St Helena |
|---|---|---|
| Median house price | $1.3M | $1.3M |
| Median unit price | $640K | $895K |
| Gross rental yield (houses) | 2.01% | 3.15% |
| Gross rental yield (units) | 3.20% | 2.99% |
| 1-year house growth | - | -1.1% |
| 3-year house growth | - | +9.7% |
| Vacancy rate | 0.6% | 1.3% |
| Population | 248 | 2,890 |
Mardan vs St Helena: what the numbers say
Houses cost about the same in both suburbs: the median house price is $1.3M in Mardan and $1.3M in St Helena.
For units, Mardan sits at a median of $640K against $895K in St Helena, which makes Mardan the more affordable unit market and St Helena the pricier one.
On cash flow, St Helena leads: houses there return a gross rental yield of 3.15%, compared with 2.01% in Mardan, a gap of 1.14 percentage points.
Rental vacancy is 0.6% in Mardan and 1.3% in St Helena, so landlords in Mardan face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.
St Helena is the bigger suburb, with a population of 2,890 against 248, roughly 12 times the size of Mardan; a larger suburb usually means a deeper pool of buyers and tenants.
In short: St Helena for rental income, Mardan 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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