Bandiana vs Warrayure
Property investment comparison - Bandiana, VIC 3691 vs Warrayure, VIC 3301
Head-to-head across core investment metrics: Bandiana wins 2, Warrayure wins 0. 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 | Bandiana | Warrayure |
|---|---|---|
| Median house price | $680K | $680K |
| Median unit price | $655K | - |
| Gross rental yield (houses) | 4.20% | 3.62% |
| Gross rental yield (units) | 2.78% | - |
| 1-year house growth | +12.9% | - |
| 3-year house growth | +11.8% | - |
| Vacancy rate | 1.2% | 14.2% |
| Population | 855 | 50 |
Bandiana vs Warrayure: what the numbers say
Houses cost about the same in both suburbs: the median house price is $680K in Bandiana and $680K in Warrayure.
On cash flow, Bandiana leads: houses there return a gross rental yield of 4.20%, compared with 3.62% in Warrayure, a gap of 0.58 percentage points.
Rental vacancy is 1.2% in Bandiana and 14.2% in Warrayure, so landlords in Bandiana face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.
Bandiana is the bigger suburb, with a population of 855 against 50, roughly 17 times the size of Warrayure; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Bandiana for rental income, Bandiana 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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