Mardan vs Warranwood
Property investment comparison - Mardan, VIC 3953 vs Warranwood, VIC 3134
Head-to-head across core investment metrics: Mardan wins 2, Warranwood 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.
| Metric | Mardan | Warranwood |
|---|---|---|
| Median house price | $1.3M | $1.3M |
| Median unit price | $640K | $820K |
| Gross rental yield (houses) | 2.01% | 3.19% |
| Gross rental yield (units) | 3.20% | 3.89% |
| 1-year house growth | - | -2.9% |
| 3-year house growth | - | +2.6% |
| Vacancy rate | 0.6% | 1.8% |
| Population | 248 | 4,820 |
Mardan vs Warranwood: what the numbers say
The median house price is $1.3M in Mardan and $1.3M in Warranwood, so Warranwood is the cheaper entry point.
For units, Mardan sits at a median of $640K against $820K in Warranwood, which makes Mardan the more affordable unit market and Warranwood the pricier one.
On cash flow, Warranwood leads: houses there return a gross rental yield of 3.19%, compared with 2.01% in Mardan, a gap of 1.18 percentage points.
Rental vacancy is 0.6% in Mardan and 1.8% in Warranwood, so landlords in Mardan face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.
Warranwood is the bigger suburb, with a population of 4,820 against 248, roughly 19 times the size of Mardan; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Warranwood for rental income, Warranwood 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.
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
Compare any 2-4 Australian suburbs
Build your own multi-suburb comparison with the full interactive tool.
Open interactive comparison