McKenzie Hill vs Meadow Creek
Property investment comparison - McKenzie Hill, VIC 3451 vs Meadow Creek, VIC 3678
Head-to-head across core investment metrics: McKenzie Hill wins 0, Meadow Creek 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 | McKenzie Hill | Meadow Creek |
|---|---|---|
| Median house price | $745K | $745K |
| Median unit price | $510K | - |
| Gross rental yield (houses) | 3.58% | 5.23% |
| Gross rental yield (units) | 4.63% | - |
| 1-year house growth | -1.9%estimate | - |
| 3-year house growth | - | - |
| Vacancy rate | 3.5% | 2.9% |
| Population | 775 | 112 |
McKenzie Hill vs Meadow Creek: what the numbers say
Houses cost about the same in both suburbs: the median house price is $745K in McKenzie Hill and $745K in Meadow Creek.
On cash flow, Meadow Creek leads: houses there return a gross rental yield of 5.23%, compared with 3.58% in McKenzie Hill, a gap of 1.65 percentage points.
Rental vacancy is 2.9% in Meadow Creek and 3.5% in McKenzie Hill, so landlords in Meadow Creek face less competition for tenants.
McKenzie Hill is the bigger suburb, with a population of 775 against 112, roughly 7 times the size of Meadow Creek; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Meadow Creek for rental income, Meadow Creek 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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