Mardi vs Mayfield

Houses cost about the same in both suburbs: the median house price is $1.1M in Mardi and $1.1M in Mayfield.

For units, Mardi sits at a median of $700K against $830K in Mayfield, which makes Mardi the more affordable unit market and Mayfield the pricier one.

On cash flow, Mardi leads: houses there return a gross rental yield of 3.80%, compared with 3.47% in Mayfield, a gap of 0.33 percentage points.

Over the past year house prices moved +8.0% in Mardi and +10.5% in Mayfield, so recent momentum favours Mayfield, although both suburbs recorded growth.

Looking back three years, Mardi houses are +20.9% and Mayfield houses +27.7%, so Mayfield has compounded faster than Mardi over the longer window.

Rental vacancy is 1.1% in Mayfield and 1.4% in Mardi, so landlords in Mayfield face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Mayfield is the bigger suburb, with a population of 9,760 against 3,598, roughly 2.7 times the size of Mardi; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Mardi for rental income, Mayfield for recent price momentum, Mayfield for the tighter rental market. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.