Marong vs Teal Point
Property investment comparison - Marong, VIC 3515 vs Teal Point, VIC 3579
Head-to-head across core investment metrics: Marong wins 2, Teal Point 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.
| Metric | Marong | Teal Point |
|---|---|---|
| Median house price | $685K | $685K |
| Median unit price | $365K | $220K |
| Gross rental yield (houses) | 4.17% | 3.12% |
| Gross rental yield (units) | 8.73% | 5.69% |
| 1-year house growth | +10.6% | - |
| 3-year house growth | +9.8% | - |
| Vacancy rate | 1.1% | 0.9% |
| Population | 2,005 | 54 |
Marong vs Teal Point: what the numbers say
Houses cost about the same in both suburbs: the median house price is $685K in Marong and $685K in Teal Point.
For units, Marong sits at a median of $365K against $220K in Teal Point, which makes Teal Point the more affordable unit market and Marong the pricier one.
On cash flow, Marong leads: houses there return a gross rental yield of 4.17%, compared with 3.12% in Teal Point, a gap of 1.05 percentage points.
Rental vacancy is 0.9% in Teal Point and 1.1% in Marong, so landlords in Teal Point face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.
Marong is the bigger suburb, with a population of 2,005 against 54, roughly 37 times the size of Teal Point; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Marong for rental income, Teal Point 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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