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Myall vs Weir Views

Property investment comparison - Myall, VIC 3579 vs Weir Views, VIC 3338

Head-to-head across core investment metrics: Myall wins 3, Weir Views 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.

MetricMyallWeir Views
Median house price$620K$620K
Median unit price$220K$540K
Gross rental yield (houses)3.46%4.00%
Gross rental yield (units)5.67%4.42%
1-year house growth-+4.7%estimate
3-year house growth--
Vacancy rate0.9%4.5%
Population1154,348

Myall vs Weir Views: what the numbers say

Houses cost about the same in both suburbs: the median house price is $620K in Myall and $620K in Weir Views.

For units, Myall sits at a median of $220K against $540K in Weir Views, which makes Myall the more affordable unit market and Weir Views the pricier one.

On cash flow, Weir Views leads: houses there return a gross rental yield of 4.00%, compared with 3.46% in Myall, a gap of 0.54 percentage points.

Rental vacancy is 0.9% in Myall and 4.5% in Weir Views, so landlords in Myall face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Weir Views is the bigger suburb, with a population of 4,348 against 115, roughly 38 times the size of Myall; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Weir Views for rental income, Myall 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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