Skip to main content

Aintree vs Pennyroyal

Property investment comparison - Aintree, VIC 3336 vs Pennyroyal, VIC 3235

Head-to-head across core investment metrics: Aintree wins 2, Pennyroyal 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.

MetricAintreePennyroyal
Median house price$705K-
Median unit price$575K$1.0M
Gross rental yield (houses)3.98%2.93%
Gross rental yield (units)2.49%-
1-year house growth+1.1%-
3-year house growth-3.9%-
Vacancy rate14.5%5.0%
Population7,982110

Aintree vs Pennyroyal: what the numbers say

For units, Aintree sits at a median of $575K against $1.0M in Pennyroyal, which makes Aintree the more affordable unit market and Pennyroyal the pricier one.

On cash flow, Aintree leads: houses there return a gross rental yield of 3.98%, compared with 2.93% in Pennyroyal, a gap of 1.05 percentage points.

Rental vacancy is 5.0% in Pennyroyal and 14.5% in Aintree, so landlords in Pennyroyal face less competition for tenants.

Aintree is the bigger suburb, with a population of 7,982 against 110, roughly 73 times the size of Pennyroyal; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Aintree for rental income, Pennyroyal for the tighter rental market. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.

Keep exploring

Compare any 2-4 Australian suburbs

Build your own multi-suburb comparison with the full interactive tool.

Open interactive comparison