Medina vs Millars Well
Property investment comparison - Medina, WA 6167 vs Millars Well, WA 6714
Head-to-head across core investment metrics: Medina wins 2, Millars Well 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 | Medina | Millars Well |
|---|---|---|
| Median house price | $680K | $685K |
| Median unit price | - | $520K |
| Gross rental yield (houses) | 4.33% | - |
| Gross rental yield (units) | 4.49% | 10.50% |
| 1-year house growth | +23.5%estimate | +23.8% |
| 3-year house growth | - | +47.3% |
| Vacancy rate | 0.4% | 0.7% |
| Population | 2,260 | 2,104 |
Medina vs Millars Well: what the numbers say
The median house price is $680K in Medina and $685K in Millars Well, so Medina is the cheaper entry point, with Millars Well houses about 1% dearer.
Over the past year house prices moved +23.5% in Medina (an estimate) and +23.8% in Millars Well, so recent momentum favours Millars Well, although both suburbs recorded growth.
Rental vacancy is 0.4% in Medina and 0.7% in Millars Well, so landlords in Medina face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.
Medina is the bigger suburb, with a population of 2,260 against 2,104, larger than Millars Well; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Medina for a lower purchase price, Millars Well for recent price momentum, Medina 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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