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Buchan South vs Redan

Property investment comparison - Buchan South, VIC 3885 vs Redan, VIC 3350

Head-to-head across core investment metrics: Buchan South wins 1, Redan 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.

MetricBuchan SouthRedan
Median house price$510K$510K
Median unit price$190K$380K
Gross rental yield (houses)-4.10%
Gross rental yield (units)6.51%-
1-year house growth-+16.4%
3-year house growth-+5.2%
Vacancy rate2.9%0.9%
Population1023,000

Buchan South vs Redan: what the numbers say

Houses cost about the same in both suburbs: the median house price is $510K in Buchan South and $510K in Redan.

For units, Buchan South sits at a median of $190K against $380K in Redan, which makes Buchan South the more affordable unit market and Redan the pricier one.

Rental vacancy is 0.9% in Redan and 2.9% in Buchan South, so landlords in Redan face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Redan is the bigger suburb, with a population of 3,000 against 102, roughly 29 times the size of Buchan South; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Redan 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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