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Barramunga vs Yarraville

Property investment comparison - Barramunga, VIC 3249 vs Yarraville, VIC 3013

Head-to-head across core investment metrics: Barramunga wins 1, Yarraville 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.

MetricBarramungaYarraville
Median house price$1.2M$1.2M
Median unit price-$620K
Gross rental yield (houses)2.03%3.10%
Gross rental yield (units)-5.12%
1-year house growth-+0.8%
3-year house growth-+9.1%
Vacancy rate1.1%0.7%
Population1115,636

Barramunga vs Yarraville: what the numbers say

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

On cash flow, Yarraville leads: houses there return a gross rental yield of 3.10%, compared with 2.03% in Barramunga, a gap of 1.07 percentage points.

Rental vacancy is 0.7% in Yarraville and 1.1% in Barramunga, so landlords in Yarraville face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Yarraville is the bigger suburb, with a population of 15,636 against 11, roughly 1421 times the size of Barramunga; a larger suburb usually means a deeper pool of buyers and tenants.

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