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Ballendella vs Killara

Property investment comparison - Ballendella, VIC 3561 vs Killara, VIC 3691

Head-to-head across core investment metrics: Ballendella wins 1, Killara 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.

MetricBallendellaKillara
Median house price$775K$775K
Median unit price-$445K
Gross rental yield (houses)2.69%4.20%
Gross rental yield (units)-4.06%
1-year house growth-+16.4%estimate
3-year house growth--
Vacancy rate2.6%3.3%
Population1201,485

Ballendella vs Killara: what the numbers say

Houses cost about the same in both suburbs: the median house price is $775K in Ballendella and $775K in Killara.

On cash flow, Killara leads: houses there return a gross rental yield of 4.20%, compared with 2.69% in Ballendella, a gap of 1.51 percentage points.

Rental vacancy is 2.6% in Ballendella and 3.3% in Killara, so landlords in Ballendella face less competition for tenants.

Killara is the bigger suburb, with a population of 1,485 against 120, roughly 12 times the size of Ballendella; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Killara for rental income, Ballendella 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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