This paper presents a study of the properties of soil–rock mixtures (SRM) prepared by the vibration compaction method. First, the results of laboratory experiments and field tests are compared to determine the reasonable parameters of the vibration compaction method (VCM) for soil–rock mixtures. The compaction characteristics, CBR, and resilient modulus of the laboratory-prepared soil–rock mixtures by the static pressure compaction method (SPCM) and vibration compaction method are compared. The effects of the soil to rock ratio and the maximum particle size and gradation on the compaction characteristic, resilient modulus and CBR of soil–rock mixtures prepared by the vibration compaction method are investigated. Finally, field measurements are subsequently conducted to validate the laboratory investigations. The results show that the reasonable vibration frequency, exciting force, and static surface pressure of the vibration compactor for soil–rock mixtures are recommended as 25 Hz, 5.3 kN, and 154.0~163.2 kPa, respectively. Soil–rock mixtures prepared by vibration compaction method has smaller optimum water content and gradation variation and larger density than specimens prepared by the static pressure compaction method, and the CBR and resilient modulus are 1.46 ± 0.02 and 1.16 ± 0.03 times those of specimens prepared by the static pressure compaction method, respectively. The ratio of soil to rock, followed by the maximum particle size, lead obvious influences on the properties of soil–rock mixtures. Moreover, the results show that the CBR and resilient modulus of soil–rock mixtures prepared by vibration compaction method have a correlation of 86.9% and 89.1% with the field tests, respectively, which is higher than the static pressure compaction method.