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Baxter vs Glenfyne

Property investment comparison - Baxter, VIC 3911 vs Glenfyne, VIC 3266

Head-to-head across core investment metrics: Baxter wins 1, Glenfyne 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.

MetricBaxterGlenfyne
Median house price$755K$755K
Median unit price-$310K
Gross rental yield (houses)4.05%2.61%
Gross rental yield (units)3.30%4.05%
1-year house growth+0.8%-
3-year house growth+11.2%-
Vacancy rate1.1%0.5%
Population2,166131

Baxter vs Glenfyne: what the numbers say

Houses cost about the same in both suburbs: the median house price is $755K in Baxter and $755K in Glenfyne.

On cash flow, Baxter leads: houses there return a gross rental yield of 4.05%, compared with 2.61% in Glenfyne, a gap of 1.44 percentage points.

Rental vacancy is 0.5% in Glenfyne and 1.1% in Baxter, so landlords in Glenfyne face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Baxter is the bigger suburb, with a population of 2,166 against 131, roughly 17 times the size of Glenfyne; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Baxter for rental income, Glenfyne 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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