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.
| Metric | Avonsleigh | Ondit |
|---|---|---|
| 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 rate | 3.4% | 1.0% |
| Population | 844 | 101 |
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.
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
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