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Bundoora vs Tarnook

Property investment comparison - Bundoora, VIC 3083 vs Tarnook, VIC 3670

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

MetricBundooraTarnook
Median house price$910K$905K
Median unit price$505K-
Gross rental yield (houses)3.44%2.17%
Gross rental yield (units)5.25%-
1-year house growth+1.8%estimate-
3-year house growth--
Vacancy rate1.5%3.5%
Population28,068103

Bundoora vs Tarnook: what the numbers say

The median house price is $910K in Bundoora and $905K in Tarnook, so Tarnook is the cheaper entry point, with Bundoora houses about 1% dearer.

On cash flow, Bundoora leads: houses there return a gross rental yield of 3.44%, compared with 2.17% in Tarnook, a gap of 1.27 percentage points.

Rental vacancy is 1.5% in Bundoora and 3.5% in Tarnook, 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 103, roughly 273 times the size of Tarnook; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Bundoora for rental income, Tarnook for a lower purchase price, 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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