Mayfield vs Minto

The median house price is $1.1M in Mayfield and $1.1M in Minto, so Mayfield is the cheaper entry point.

For units, Mayfield sits at a median of $830K against $735K in Minto, which makes Minto the more affordable unit market and Mayfield the pricier one.

On cash flow, Mayfield leads: houses there return a gross rental yield of 3.47%, compared with 3.20% in Minto, a gap of 0.27 percentage points.

Over the past year house prices moved +10.5% in Mayfield and +8.8% in Minto, so recent momentum favours Mayfield, although both suburbs recorded growth.

Looking back three years, Mayfield houses are +27.7% and Minto houses +19.0%, so Mayfield has compounded faster than Minto over the longer window.

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

Minto is the bigger suburb, with a population of 13,940 against 9,760, larger than Mayfield; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Mayfield for rental income, Mayfield for a lower purchase price, 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.