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Bittern vs Strathkellar

Property investment comparison - Bittern, VIC 3918 vs Strathkellar, VIC 3301

Head-to-head across core investment metrics: Bittern wins 2, Strathkellar wins 1. 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.

MetricBitternStrathkellar
Median house price$1.1M$1.1M
Median unit price$720K$560K
Gross rental yield (houses)3.28%2.23%
Gross rental yield (units)-5.46%
1-year house growth-2.9%estimate-
3-year house growth--
Vacancy rate0.4%14.3%
Population4,27684

Bittern vs Strathkellar: what the numbers say

Houses cost about the same in both suburbs: the median house price is $1.1M in Bittern and $1.1M in Strathkellar.

For units, Bittern sits at a median of $720K against $560K in Strathkellar, which makes Strathkellar the more affordable unit market and Bittern the pricier one.

On cash flow, Bittern leads: houses there return a gross rental yield of 3.28%, compared with 2.23% in Strathkellar, a gap of 1.05 percentage points.

Rental vacancy is 0.4% in Bittern and 14.3% in Strathkellar, so landlords in Bittern face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Bittern is the bigger suburb, with a population of 4,276 against 84, roughly 51 times the size of Strathkellar; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Bittern for rental income, Bittern 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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