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Aintree vs Narrawong

Property investment comparison - Aintree, VIC 3336 vs Narrawong, VIC 3285

Head-to-head across core investment metrics: Aintree wins 1, Narrawong 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.

MetricAintreeNarrawong
Median house price$705K-
Median unit price$575K$335K
Gross rental yield (houses)3.98%3.80%
Gross rental yield (units)2.49%-
1-year house growth+1.1%-
3-year house growth-3.9%-
Vacancy rate14.5%3.2%
Population7,982462

Aintree vs Narrawong: what the numbers say

For units, Aintree sits at a median of $575K against $335K in Narrawong, which makes Narrawong the more affordable unit market and Aintree the pricier one.

On cash flow, Aintree leads: houses there return a gross rental yield of 3.98%, compared with 3.80% in Narrawong, a gap of 0.18 percentage points.

Rental vacancy is 3.2% in Narrawong and 14.5% in Aintree, so landlords in Narrawong face less competition for tenants.

Aintree is the bigger suburb, with a population of 7,982 against 462, roughly 17 times the size of Narrawong; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Aintree for rental income, Narrawong 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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