Broadmeadows vs Gazette
Property investment comparison - Broadmeadows, VIC 3047 vs Gazette, VIC 3289
Head-to-head across core investment metrics: Broadmeadows wins 0, Gazette 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.
| Metric | Broadmeadows | Gazette |
|---|---|---|
| Median house price | $660K | $660K |
| Median unit price | $500K | - |
| Gross rental yield (houses) | 3.95% | 4.75% |
| Gross rental yield (units) | 5.00% | - |
| 1-year house growth | +9.9%estimate | - |
| 3-year house growth | - | - |
| Vacancy rate | 1.3% | 1.1% |
| Population | 12,524 | 42 |
Broadmeadows vs Gazette: what the numbers say
Houses cost about the same in both suburbs: the median house price is $660K in Broadmeadows and $660K in Gazette.
On cash flow, Gazette leads: houses there return a gross rental yield of 4.75%, compared with 3.95% in Broadmeadows, a gap of 0.80 percentage points.
Rental vacancy is 1.1% in Gazette and 1.3% in Broadmeadows, so landlords in Gazette face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.
Broadmeadows is the bigger suburb, with a population of 12,524 against 42, roughly 298 times the size of Gazette; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Gazette for rental income, Gazette 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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