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Maryknoll vs Warrandyte

Property investment comparison - Maryknoll, VIC 3812 vs Warrandyte, VIC 3113

Head-to-head across core investment metrics: Maryknoll wins 1, Warrandyte 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.

MetricMaryknollWarrandyte
Median house price$1.5M$1.5M
Median unit price$595K-
Gross rental yield (houses)-3.50%
Gross rental yield (units)2.33%3.73%
1-year house growth+6.3%+8.5%estimate
3-year house growth--
Vacancy rate12.3%0.6%
Population6465,541

Maryknoll vs Warrandyte: what the numbers say

The median house price is $1.5M in Maryknoll and $1.5M in Warrandyte, so Maryknoll is the cheaper entry point, with Warrandyte houses about 1% dearer.

Over the past year house prices moved +6.3% in Maryknoll and +8.5% in Warrandyte (an estimate), so recent momentum favours Warrandyte, although both suburbs recorded growth.

Rental vacancy is 0.6% in Warrandyte and 12.3% in Maryknoll, so landlords in Warrandyte face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Warrandyte is the bigger suburb, with a population of 5,541 against 646, roughly 9 times the size of Maryknoll; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Maryknoll for a lower purchase price, Warrandyte for recent price momentum, Warrandyte 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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