Bundoora vs Monbulk
Property investment comparison - Bundoora, VIC 3083 vs Monbulk, VIC 3793
Head-to-head across core investment metrics: Bundoora wins 1, Monbulk 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 | Bundoora | Monbulk |
|---|---|---|
| Median house price | $910K | $910K |
| Median unit price | $505K | - |
| Gross rental yield (houses) | 3.44% | - |
| Gross rental yield (units) | 5.25% | 2.46% |
| 1-year house growth | +1.8%estimate | +5.7%estimate |
| 3-year house growth | - | - |
| Vacancy rate | 1.5% | 0.7% |
| Population | 28,068 | 3,651 |
Bundoora vs Monbulk: what the numbers say
Houses cost about the same in both suburbs: the median house price is $910K in Bundoora and $910K in Monbulk.
Over the past year house prices moved +1.8% in Bundoora (an estimate) and +5.7% in Monbulk (an estimate), so recent momentum favours Monbulk, although both suburbs recorded growth.
Rental vacancy is 0.7% in Monbulk and 1.5% in Bundoora, so landlords in Monbulk 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 3,651, roughly 8 times the size of Monbulk; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Monbulk for recent price momentum, Monbulk 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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