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Beaufort vs Great Western

Property investment comparison - Beaufort, VIC 3373 vs Great Western, VIC 3377

Head-to-head across core investment metrics: Beaufort wins 2, Great Western 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.

MetricBeaufortGreat Western
Median house price$455K$450K
Median unit price$425K$320K
Gross rental yield (houses)4.78%4.42%
Gross rental yield (units)-7.08%
1-year house growth+13.5%-
3-year house growth+7.4%-
Vacancy rate0.5%1.7%
Population1,712425

Beaufort vs Great Western: what the numbers say

The median house price is $455K in Beaufort and $450K in Great Western, so Great Western is the cheaper entry point, with Beaufort houses about 1% dearer.

For units, Beaufort sits at a median of $425K against $320K in Great Western, which makes Great Western the more affordable unit market and Beaufort the pricier one.

On cash flow, Beaufort leads: houses there return a gross rental yield of 4.78%, compared with 4.42% in Great Western, a gap of 0.36 percentage points.

Rental vacancy is 0.5% in Beaufort and 1.7% in Great Western, so landlords in Beaufort face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Beaufort is the bigger suburb, with a population of 1,712 against 425, roughly 4.0 times the size of Great Western; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Beaufort for rental income, Great Western for a lower purchase price, Beaufort 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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