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Breakwater vs Katandra

Property investment comparison - Breakwater, VIC 3219 vs Katandra, VIC 3634

Head-to-head across core investment metrics: Breakwater wins 1, Katandra 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.

MetricBreakwaterKatandra
Median house price$580K$575K
Median unit price--
Gross rental yield (houses)4.18%4.56%
Gross rental yield (units)4.30%-
1-year house growth+8.7%estimate-
3-year house growth--
Vacancy rate1.8%4.0%
Population1,060120

Breakwater vs Katandra: what the numbers say

The median house price is $580K in Breakwater and $575K in Katandra, so Katandra is the cheaper entry point, with Breakwater houses about 1% dearer.

On cash flow, Katandra leads: houses there return a gross rental yield of 4.56%, compared with 4.18% in Breakwater, a gap of 0.38 percentage points.

Rental vacancy is 1.8% in Breakwater and 4.0% in Katandra, so landlords in Breakwater face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Breakwater is the bigger suburb, with a population of 1,060 against 120, roughly 9 times the size of Katandra; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Katandra for rental income, Katandra for a lower purchase price, Breakwater 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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