Bundoora vs Lake Goldsmith
Property investment comparison - Bundoora, VIC 3083 vs Lake Goldsmith, VIC 3373
Head-to-head across core investment metrics: Bundoora wins 1, Lake Goldsmith 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.
| Metric | Bundoora | Lake Goldsmith |
|---|---|---|
| Median house price | $910K | $910K |
| Median unit price | $505K | - |
| Gross rental yield (houses) | 3.44% | 2.08% |
| Gross rental yield (units) | 5.25% | - |
| 1-year house growth | +1.8%estimate | - |
| 3-year house growth | - | - |
| Vacancy rate | 1.5% | 0.8% |
| Population | 28,068 | 22 |
Bundoora vs Lake Goldsmith: what the numbers say
Houses cost about the same in both suburbs: the median house price is $910K in Bundoora and $910K in Lake Goldsmith.
On cash flow, Bundoora leads: houses there return a gross rental yield of 3.44%, compared with 2.08% in Lake Goldsmith, a gap of 1.36 percentage points.
Rental vacancy is 0.8% in Lake Goldsmith and 1.5% in Bundoora, so landlords in Lake Goldsmith face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.
Bundoora is the bigger suburb, with a population of 28,068 against 22, roughly 1276 times the size of Lake Goldsmith; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Bundoora for rental income, Lake Goldsmith for the tighter rental market. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.
Full profile
Lake Goldsmith, VIC 3373
Open Lake Goldsmith suburb profileRecent sales in Lake Goldsmith
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
Compare any 2-4 Australian suburbs
Build your own multi-suburb comparison with the full interactive tool.
Open interactive comparison