Ardeer vs Spring Gully
Property investment comparison - Ardeer, VIC 3022 vs Spring Gully, VIC 3550
Head-to-head across core investment metrics: Ardeer wins 2, Spring Gully wins 3. 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.
| Metric | Ardeer | Spring Gully |
|---|---|---|
| Median house price | $715K | $715K |
| Median unit price | $580K | - |
| Gross rental yield (houses) | 3.63% | 4.15% |
| Gross rental yield (units) | 4.65% | 5.00% |
| 1-year house growth | +5.6% | +8.1% |
| 3-year house growth | +12.6% | -3.4% |
| Vacancy rate | 0.6% | 1.6% |
| Population | 3,170 | 3,092 |
Ardeer vs Spring Gully: what the numbers say
Houses cost about the same in both suburbs: the median house price is $715K in Ardeer and $715K in Spring Gully.
On cash flow, Spring Gully leads: houses there return a gross rental yield of 4.15%, compared with 3.63% in Ardeer, a gap of 0.52 percentage points.
Over the past year house prices moved +5.6% in Ardeer and +8.1% in Spring Gully, so recent momentum favours Spring Gully, although both suburbs recorded growth.
Looking back three years, Ardeer houses are +12.6% and Spring Gully houses -3.4%, so Ardeer has compounded faster than Spring Gully over the longer window.
Rental vacancy is 0.6% in Ardeer and 1.6% in Spring Gully, so landlords in Ardeer face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.
Ardeer is the bigger suburb, with a population of 3,170 against 3,092, larger than Spring Gully; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Spring Gully for rental income, Spring Gully for recent price momentum, Ardeer for the tighter rental market. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.
Keep exploring
- National investment guide - top suburbs across every metric
- Take the suburb finder quiz - 5 questions to match your goals
- How our investment score works
- Property investment glossary - every term defined
Compare any 2-4 Australian suburbs
Build your own multi-suburb comparison with the full interactive tool.
Open interactive comparison