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Bundoora vs Purnim West

Property investment comparison - Bundoora, VIC 3083 vs Purnim West, VIC 3278

Head-to-head across core investment metrics: Bundoora wins 2, Purnim West 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.

MetricBundooraPurnim West
Median house price$910K$910K
Median unit price$505K-
Gross rental yield (houses)3.44%3.17%
Gross rental yield (units)5.25%-
1-year house growth+1.8%estimate+22.7%estimate
3-year house growth--
Vacancy rate1.5%7.1%
Population28,06850

Bundoora vs Purnim West: what the numbers say

Houses cost about the same in both suburbs: the median house price is $910K in Bundoora and $910K in Purnim West.

On cash flow, Bundoora leads: houses there return a gross rental yield of 3.44%, compared with 3.17% in Purnim West, a gap of 0.27 percentage points.

Over the past year house prices moved +1.8% in Bundoora (an estimate) and +22.7% in Purnim West (an estimate), so recent momentum favours Purnim West, although both suburbs recorded growth.

Rental vacancy is 1.5% in Bundoora and 7.1% in Purnim West, so landlords in Bundoora 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 50, roughly 561 times the size of Purnim West; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Bundoora for rental income, Purnim West for recent price momentum, Bundoora 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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