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Black Rock vs Ivanhoe East

Property investment comparison - Black Rock, VIC 3193 vs Ivanhoe East, VIC 3079

Head-to-head across core investment metrics: Black Rock wins 4, Ivanhoe East 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.

MetricBlack RockIvanhoe East
Median house price$2.4M$2.4M
Median unit price--
Gross rental yield (houses)3.00%1.93%
Gross rental yield (units)3.68%3.31%
1-year house growth-2.3%-1.8%
3-year house growth+4.9%+3.1%
Vacancy rate1.1%1.1%
Population6,3893,762

Black Rock vs Ivanhoe East: what the numbers say

The median house price is $2.4M in Black Rock and $2.4M in Ivanhoe East, so Black Rock is the cheaper entry point.

On cash flow, Black Rock leads: houses there return a gross rental yield of 3.00%, compared with 1.93% in Ivanhoe East, a gap of 1.07 percentage points.

Over the past year house prices moved -2.3% in Black Rock and -1.8% in Ivanhoe East, so recent momentum favours Ivanhoe East, while Black Rock went backwards.

Looking back three years, Black Rock houses are +4.9% and Ivanhoe East houses +3.1%, so Black Rock has compounded faster than Ivanhoe East over the longer window.

Rental vacancy is the same in both, at 1.1%.

Black Rock is the bigger suburb, with a population of 6,389 against 3,762, larger than Ivanhoe East; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Black Rock for rental income, Black Rock for a lower purchase price, Ivanhoe East for recent price momentum. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.

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