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Bundalong vs Calulu

Property investment comparison - Bundalong, VIC 3730 vs Calulu, VIC 3875

Head-to-head across core investment metrics: Bundalong wins 3, Calulu wins 0. 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.

MetricBundalongCalulu
Median house price$830K$835K
Median unit price$525K-
Gross rental yield (houses)3.45%3.33%
Gross rental yield (units)3.77%-
1-year house growth+6.1%estimate-
3-year house growth--
Vacancy rate1.1%6.6%
Population512186

Bundalong vs Calulu: what the numbers say

The median house price is $830K in Bundalong and $835K in Calulu, so Bundalong is the cheaper entry point, with Calulu houses about 1% dearer.

On cash flow, Bundalong leads: houses there return a gross rental yield of 3.45%, compared with 3.33% in Calulu, a gap of 0.12 percentage points.

Rental vacancy is 1.1% in Bundalong and 6.6% in Calulu, so landlords in Bundalong face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Bundalong is the bigger suburb, with a population of 512 against 186, roughly 2.8 times the size of Calulu; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Bundalong for rental income, Bundalong for a lower purchase price, Bundalong 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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