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Mount Pleasant vs Runnymede

Property investment comparison - Mount Pleasant, VIC 3350 vs Runnymede, VIC 3558

Head-to-head across core investment metrics: Mount Pleasant wins 0, Runnymede wins 2. 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.

MetricMount PleasantRunnymede
Median house price$560K$560K
Median unit price$455K$355K
Gross rental yield (houses)3.90%-
Gross rental yield (units)4.74%-
1-year house growth+16.6%-
3-year house growth+9.6%-
Vacancy rate1.7%1.5%
Population2,22564

Mount Pleasant vs Runnymede: what the numbers say

Houses cost about the same in both suburbs: the median house price is $560K in Mount Pleasant and $560K in Runnymede.

For units, Mount Pleasant sits at a median of $455K against $355K in Runnymede, which makes Runnymede the more affordable unit market and Mount Pleasant the pricier one.

Rental vacancy is 1.5% in Runnymede and 1.7% in Mount Pleasant, so landlords in Runnymede face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Mount Pleasant is the bigger suburb, with a population of 2,225 against 64, roughly 35 times the size of Runnymede; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Runnymede 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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