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Modbury Heights vs Murrawong

Property investment comparison - Modbury Heights, SA 5092 vs Murrawong, SA 5253

Head-to-head across core investment metrics: Modbury Heights wins 2, Murrawong 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.

MetricModbury HeightsMurrawong
Median house price$985K$980K
Median unit price-$230K
Gross rental yield (houses)3.60%2.61%
Gross rental yield (units)4.50%-
1-year house growth+14.1%-
3-year house growth+36.3%-
Vacancy rate0.9%1.3%
Population6,99519

Modbury Heights vs Murrawong: what the numbers say

The median house price is $985K in Modbury Heights and $980K in Murrawong, so Murrawong is the cheaper entry point, with Modbury Heights houses about 1% dearer.

On cash flow, Modbury Heights leads: houses there return a gross rental yield of 3.60%, compared with 2.61% in Murrawong, a gap of 0.99 percentage points.

Rental vacancy is 0.9% in Modbury Heights and 1.3% in Murrawong, so landlords in Modbury Heights face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Modbury Heights is the bigger suburb, with a population of 6,995 against 19, roughly 368 times the size of Murrawong; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Modbury Heights for rental income, Murrawong for a lower purchase price, Modbury Heights 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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