Melton vs Mooroopna North
Property investment comparison - Melton, VIC 3337 vs Mooroopna North, VIC 3629
Head-to-head across core investment metrics: Melton wins 0, Mooroopna North wins 4. 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 | Melton | Mooroopna North |
|---|---|---|
| Median house price | $565K | $565K |
| Median unit price | $425K | $310K |
| Gross rental yield (houses) | 3.84% | 4.70% |
| Gross rental yield (units) | 4.89% | 5.43% |
| 1-year house growth | +10.2%estimate | - |
| 3-year house growth | - | - |
| Vacancy rate | 2.1% | 1.3% |
| Population | 7,953 | 144 |
Melton vs Mooroopna North: what the numbers say
Houses cost about the same in both suburbs: the median house price is $565K in Melton and $565K in Mooroopna North.
For units, Melton sits at a median of $425K against $310K in Mooroopna North, which makes Mooroopna North the more affordable unit market and Melton the pricier one.
On cash flow, Mooroopna North leads: houses there return a gross rental yield of 4.70%, compared with 3.84% in Melton, a gap of 0.86 percentage points.
Rental vacancy is 1.3% in Mooroopna North and 2.1% in Melton, so landlords in Mooroopna North face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.
Melton is the bigger suburb, with a population of 7,953 against 144, roughly 55 times the size of Mooroopna North; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Mooroopna North for rental income, Mooroopna North 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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Mooroopna North, VIC 3629
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