Birregurra vs Hampton Park

Houses cost about the same in both suburbs: the median house price is $730K in Birregurra and $730K in Hampton Park.

For units, Birregurra sits at a median of $435K against $590K in Hampton Park, which makes Birregurra the more affordable unit market and Hampton Park the pricier one.

On cash flow, Hampton Park leads: houses there return a gross rental yield of 4.04%, compared with 3.69% in Birregurra, a gap of 0.35 percentage points.

Over the past year house prices moved +4.7% in Birregurra and +8.9% in Hampton Park (an estimate), so recent momentum favours Hampton Park, although both suburbs recorded growth.

Rental vacancy is 0.7% in Birregurra and 2.3% in Hampton Park, so landlords in Birregurra face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Hampton Park is the bigger suburb, with a population of 26,082 against 942, roughly 28 times the size of Birregurra; a larger suburb usually means a deeper pool of buyers and tenants.

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