Mirranatwa vs Portland
Property investment comparison - Mirranatwa, VIC 3294 vs Portland, VIC 3305
Head-to-head across core investment metrics: Mirranatwa wins 1, Portland 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 | Mirranatwa | Portland |
|---|---|---|
| Median house price | $490K | $490K |
| Median unit price | - | $260K |
| Gross rental yield (houses) | 3.95% | 5.31% |
| Gross rental yield (units) | - | - |
| 1-year house growth | - | +18.9% |
| 3-year house growth | - | +7.1% |
| Vacancy rate | 0.6% | 0.6% |
| Population | 31 | 10,016 |
Mirranatwa vs Portland: what the numbers say
Houses cost about the same in both suburbs: the median house price is $490K in Mirranatwa and $490K in Portland.
On cash flow, Portland leads: houses there return a gross rental yield of 5.31%, compared with 3.95% in Mirranatwa, a gap of 1.36 percentage points.
Rental vacancy is the same in both, at 0.6%.
Portland is the bigger suburb, with a population of 10,016 against 31, roughly 323 times the size of Mirranatwa; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Portland for rental income. 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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