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Boweya North vs Leongatha

Property investment comparison - Boweya North, VIC 3675 vs Leongatha, VIC 3953

Head-to-head across core investment metrics: Boweya North wins 0, Leongatha 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.

MetricBoweya NorthLeongatha
Median house price$600K$600K
Median unit price-$425K
Gross rental yield (houses)4.37%4.41%
Gross rental yield (units)-5.23%
1-year house growth-+4.5%
3-year house growth--1.3%
Vacancy rate-0.5%
Population425,869

Boweya North vs Leongatha: what the numbers say

Houses cost about the same in both suburbs: the median house price is $600K in Boweya North and $600K in Leongatha.

Gross rental yield on houses is effectively level, at 4.37% in Boweya North and 4.41% in Leongatha, so neither suburb has a cash flow edge on houses.

Leongatha is the bigger suburb, with a population of 5,869 against 42, roughly 140 times the size of Boweya North; a larger suburb usually means a deeper pool of buyers and tenants.

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