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Bonshaw vs Llowalong

Property investment comparison - Bonshaw, VIC 3352 vs Llowalong, VIC 3862

Head-to-head across core investment metrics: Bonshaw wins 0, Llowalong wins 2. 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.

MetricBonshawLlowalong
Median house price$605K$605K
Median unit price$440K-
Gross rental yield (houses)4.00%4.15%
Gross rental yield (units)3.97%-
1-year house growth+11.7%-
3-year house growth+7.1%-
Vacancy rate1.3%0.7%
Population94942

Bonshaw vs Llowalong: what the numbers say

Houses cost about the same in both suburbs: the median house price is $605K in Bonshaw and $605K in Llowalong.

On cash flow, Llowalong leads: houses there return a gross rental yield of 4.15%, compared with 4.00% in Bonshaw, a gap of 0.15 percentage points.

Rental vacancy is 0.7% in Llowalong and 1.3% in Bonshaw, so landlords in Llowalong face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Bonshaw is the bigger suburb, with a population of 949 against 42, roughly 23 times the size of Llowalong; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Llowalong for rental income, Llowalong 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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