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Broomfield vs Portland

Property investment comparison - Broomfield, VIC 3364 vs Portland, VIC 3305

Head-to-head across core investment metrics: Broomfield wins 1, Portland 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.

MetricBroomfieldPortland
Median house price$480K$490K
Median unit price-$260K
Gross rental yield (houses)-5.31%
Gross rental yield (units)--
1-year house growth-+18.9%
3-year house growth-+7.1%
Vacancy rate1.7%0.6%
Population21310,016

Broomfield vs Portland: what the numbers say

The median house price is $480K in Broomfield and $490K in Portland, so Broomfield is the cheaper entry point, with Portland houses about 2% dearer.

Rental vacancy is 0.6% in Portland and 1.7% in Broomfield, so landlords in Portland face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Portland is the bigger suburb, with a population of 10,016 against 213, roughly 47 times the size of Broomfield; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Broomfield for a lower purchase price, Portland 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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