Mentone vs Myrtle Creek
Property investment comparison - Mentone, VIC 3194 vs Myrtle Creek, VIC 3444
Head-to-head across core investment metrics: Mentone wins 1, Myrtle Creek wins 1. 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 | Mentone | Myrtle Creek |
|---|---|---|
| Median house price | $1.4M | $1.4M |
| Median unit price | $660K | - |
| Gross rental yield (houses) | 3.07% | - |
| Gross rental yield (units) | 4.49% | - |
| 1-year house growth | +3.4%estimate | - |
| 3-year house growth | - | - |
| Vacancy rate | 0.9% | 2.8% |
| Population | 13,197 | 68 |
Mentone vs Myrtle Creek: what the numbers say
The median house price is $1.4M in Mentone and $1.4M in Myrtle Creek, so Myrtle Creek is the cheaper entry point.
Rental vacancy is 0.9% in Mentone and 2.8% in Myrtle Creek, so landlords in Mentone face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.
Mentone is the bigger suburb, with a population of 13,197 against 68, roughly 194 times the size of Myrtle Creek; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Myrtle Creek for a lower purchase price, Mentone 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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