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Barramunga vs Notting Hill

Property investment comparison - Barramunga, VIC 3249 vs Notting Hill, VIC 3168

Head-to-head across core investment metrics: Barramunga wins 2, Notting Hill 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.

MetricBarramungaNotting Hill
Median house price$1.2M$1.2M
Median unit price-$435K
Gross rental yield (houses)2.03%2.82%
Gross rental yield (units)-7.50%
1-year house growth-+0.7%
3-year house growth-+8.5%
Vacancy rate1.1%1.9%
Population112,895

Barramunga vs Notting Hill: what the numbers say

The median house price is $1.2M in Barramunga and $1.2M in Notting Hill, so Barramunga is the cheaper entry point.

On cash flow, Notting Hill leads: houses there return a gross rental yield of 2.82%, compared with 2.03% in Barramunga, a gap of 0.79 percentage points.

Rental vacancy is 1.1% in Barramunga and 1.9% in Notting Hill, so landlords in Barramunga face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Notting Hill is the bigger suburb, with a population of 2,895 against 11, roughly 263 times the size of Barramunga; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Notting Hill for rental income, Barramunga for a lower purchase price, Barramunga 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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