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Balnarring vs Hampton East

Property investment comparison - Balnarring, VIC 3926 vs Hampton East, VIC 3188

Head-to-head across core investment metrics: Balnarring wins 3, Hampton East wins 2. 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.

MetricBalnarringHampton East
Median house price$1.4M$1.4M
Median unit price-$960K
Gross rental yield (houses)2.96%3.30%
Gross rental yield (units)3.32%4.05%
1-year house growth-3.6%estimate-6.1%estimate
3-year house growth--
Vacancy rate1.7%1.9%
Population2,3715,069

Balnarring vs Hampton East: what the numbers say

The median house price is $1.4M in Balnarring and $1.4M in Hampton East, so Balnarring is the cheaper entry point, with Hampton East houses about 1% dearer.

On cash flow, Hampton East leads: houses there return a gross rental yield of 3.30%, compared with 2.96% in Balnarring, a gap of 0.34 percentage points.

Over the past year house prices moved -3.6% in Balnarring (an estimate) and -6.1% in Hampton East (an estimate), so recent momentum favours Balnarring, while Hampton East went backwards.

Rental vacancy is 1.7% in Balnarring and 1.9% in Hampton East, so landlords in Balnarring face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Hampton East is the bigger suburb, with a population of 5,069 against 2,371, roughly 2.1 times the size of Balnarring; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Hampton East for rental income, Balnarring for a lower purchase price, Balnarring for recent price momentum, Balnarring 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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