Bobinawarrah vs Cremorne
Property investment comparison - Bobinawarrah, VIC 3678 vs Cremorne, VIC 3121
Head-to-head across core investment metrics: Bobinawarrah wins 1, Cremorne wins 3. 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.
| Metric | Bobinawarrah | Cremorne |
|---|---|---|
| Median house price | $1.3M | $1.3M |
| Median unit price | $350K | $615K |
| Gross rental yield (houses) | - | 3.69% |
| Gross rental yield (units) | 3.85% | 5.70% |
| 1-year house growth | - | +0.9%estimate |
| 3-year house growth | - | - |
| Vacancy rate | 2.9% | 1.4% |
| Population | 100 | 2,158 |
Bobinawarrah vs Cremorne: what the numbers say
The median house price is $1.3M in Bobinawarrah and $1.3M in Cremorne, so Cremorne is the cheaper entry point.
For units, Bobinawarrah sits at a median of $350K against $615K in Cremorne, which makes Bobinawarrah the more affordable unit market and Cremorne the pricier one.
Rental vacancy is 1.4% in Cremorne and 2.9% in Bobinawarrah, so landlords in Cremorne face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.
Cremorne is the bigger suburb, with a population of 2,158 against 100, roughly 22 times the size of Bobinawarrah; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Cremorne for a lower purchase price, Cremorne for the tighter rental market. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.
Keep exploring
- National investment guide - top suburbs across every metric
- Take the suburb finder quiz - 5 questions to match your goals
- How our investment score works
- Property investment glossary - every term defined
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