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Bears Lagoon vs Murchison

Property investment comparison - Bears Lagoon, VIC 3517 vs Murchison, VIC 3610

Head-to-head across core investment metrics: Bears Lagoon wins 3, Murchison 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.

MetricBears LagoonMurchison
Median house price$400K$425K
Median unit price--
Gross rental yield (houses)5.60%5.29%
Gross rental yield (units)-7.79%
1-year house growth-+7.7%estimate
3-year house growth--
Vacancy rate2.8%3.7%
Population53884

Bears Lagoon vs Murchison: what the numbers say

The median house price is $400K in Bears Lagoon and $425K in Murchison, so Bears Lagoon is the cheaper entry point, with Murchison houses about 6% dearer.

On cash flow, Bears Lagoon leads: houses there return a gross rental yield of 5.60%, compared with 5.29% in Murchison, a gap of 0.31 percentage points.

Rental vacancy is 2.8% in Bears Lagoon and 3.7% in Murchison, so landlords in Bears Lagoon face less competition for tenants.

Murchison is the bigger suburb, with a population of 884 against 53, roughly 17 times the size of Bears Lagoon; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Bears Lagoon for rental income, Bears Lagoon for a lower purchase price, Bears Lagoon 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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