Bennison vs Bundoora

Houses cost about the same in both suburbs: the median house price is $910K in Bennison and $910K in Bundoora.

For units, Bennison sits at a median of $405K against $505K in Bundoora, which makes Bennison the more affordable unit market and Bundoora the pricier one.

On cash flow, Bundoora leads: houses there return a gross rental yield of 3.44%, compared with 2.51% in Bennison, a gap of 0.93 percentage points.

Over the past year house prices moved +7.8% in Bennison (an estimate) and +1.8% in Bundoora (an estimate), so recent momentum favours Bennison, although both suburbs recorded growth.

Rental vacancy is 1.2% in Bennison and 1.5% in Bundoora, so landlords in Bennison face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Bundoora is the bigger suburb, with a population of 28,068 against 42, roughly 668 times the size of Bennison; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Bundoora for rental income, Bennison for recent price momentum, Bennison for the tighter rental market. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.