Mirador vs Berrambool

Berrambool (median $807,000) is roughly 25% cheaper to buy into than Mirador ($1,070,000). Over the past year, Mirador (+1.9%) ran 10.2 percentage points ahead of Berrambool (-8.3%) on house-price growth.

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Mirador and Berrambool side by side

MeasureMiradorBerrambool
Price and market
Median house$1,070,000$807,000
Median unit$257,760$257,760
House price change, 12 months+1.9%-8.3%
Renting
House rent$695/wk$695/wk
Unit rent$500/wk$500/wk
Owner occupied96.0%65.0%
Renter occupied3.0%31.0%
Schools
Schools nearby55
Average ICSEA981981
Lifestyle and people
Walk score0100
Transit score00
Bike score4040
Population519486
Median age5246
Climate
Annual rainfall765 mm765 mm
Mean max, January24.9°C24.9°C

Green dot: better on that measure (lower price, higher growth, higher walkability, lower risk). Each suburb’s profile gives the source and period of its figures.

Which suits whom

Berrambool scores higher on walkability (0/100 vs 100/100 ), useful if you're optimising for a car-light household. Mirador skews owner-occupied (96%), Berrambool runs more rental-dense (65% owner).

For buyers
Berrambool is the lower entry point at $807,000 median, 25% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.
For investors
Investors face a yield-versus-growth split: Berrambool delivers the better gross yield (4.48% vs 3.38%), but Mirador has run faster on capital growth this year. The right pick depends on whether you're optimising for cash flow or capital appreciation.
For families
Mirador has a heavier family-household mix (81% vs 66%), which typically signals stronger demand for family-amenable infrastructure (parks, schools, supermarkets).

Mirador vs Berrambool: common questions

Is Mirador or Berrambool cheaper to buy in?

Berrambool has the lower median house price at $807,000, roughly 25% below Mirador ($1,070,000). The gap on units is usually similar but worth checking on the full suburb profiles.

Which has stronger property growth, Mirador or Berrambool?

Over the past 12 months, Mirador grew +1.9% vs -8.3% in Berrambool, a gap of 10.2 percentage points. Twelve-month growth can swing year to year, so weight long-run trends from the individual suburb profiles before making a buy decision.

Which is more walkable, Mirador or Berrambool?

Berrambool scores 100/100 on walkability vs 0/100. Above 70 is considered very walkable (most errands on foot), 50-69 is walkable for some errands, below 50 typically requires a car for daily life.

Which suburb has higher rental yield, Mirador or Berrambool?

Gross rental yield on houses is 4.48% in Berrambool vs 3.38% in Mirador. Gross yield equals annual rent divided by purchase price. Net yield (after strata, rates, insurance, agent fees and maintenance) typically runs 1.5-2 percentage points lower.