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Avonsleigh vs Ondit

Property investment comparison - Avonsleigh, VIC 3782 vs Ondit, VIC 3249

Head-to-head across core investment metrics: Avonsleigh wins 1, Ondit 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.

MetricAvonsleighOndit
Median house price$910K$910K
Median unit price$815K$395K
Gross rental yield (houses)4.62%2.52%
Gross rental yield (units)3.57%3.68%
1-year house growth+6.0%-
3-year house growth+24.1%-
Vacancy rate3.4%1.0%
Population844101

Avonsleigh vs Ondit: what the numbers say

Houses cost about the same in both suburbs: the median house price is $910K in Avonsleigh and $910K in Ondit.

For units, Avonsleigh sits at a median of $815K against $395K in Ondit, which makes Ondit the more affordable unit market and Avonsleigh the pricier one.

On cash flow, Avonsleigh leads: houses there return a gross rental yield of 4.62%, compared with 2.52% in Ondit, a gap of 2.10 percentage points.

Rental vacancy is 1.0% in Ondit and 3.4% in Avonsleigh, so landlords in Ondit face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Avonsleigh is the bigger suburb, with a population of 844 against 101, roughly 8 times the size of Ondit; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Avonsleigh for rental income, Ondit 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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