Mirranatwa vs Venus Bay
Property investment comparison - Mirranatwa, VIC 3294 vs Venus Bay, VIC 3956
Head-to-head across core investment metrics: Mirranatwa wins 1, Venus Bay 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 | Venus Bay |
|---|---|---|
| Median house price | $490K | $490K |
| Median unit price | - | $495K |
| Gross rental yield (houses) | 3.95% | 4.33% |
| Gross rental yield (units) | - | 2.49% |
| 1-year house growth | - | +0.9% |
| 3-year house growth | - | -30.0% |
| Vacancy rate | 0.6% | 1.1% |
| Population | 31 | 904 |
Mirranatwa vs Venus Bay: what the numbers say
Houses cost about the same in both suburbs: the median house price is $490K in Mirranatwa and $490K in Venus Bay.
On cash flow, Venus Bay leads: houses there return a gross rental yield of 4.33%, compared with 3.95% in Mirranatwa, a gap of 0.38 percentage points.
Rental vacancy is 0.6% in Mirranatwa and 1.1% in Venus Bay, so landlords in Mirranatwa face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.
Venus Bay is the bigger suburb, with a population of 904 against 31, roughly 29 times the size of Mirranatwa; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Venus Bay for rental income, Mirranatwa 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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