Bundoora vs Upwey
Property investment comparison - Bundoora, VIC 3083 vs Upwey, VIC 3158
Head-to-head across core investment metrics: Bundoora wins 1, Upwey 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 | Upwey |
|---|---|---|
| Median house price | $910K | $910K |
| Median unit price | $505K | - |
| Gross rental yield (houses) | 3.44% | - |
| Gross rental yield (units) | 5.25% | 3.54% |
| 1-year house growth | +1.8%estimate | +4.7% |
| 3-year house growth | - | -1.1% |
| Vacancy rate | 1.5% | 0.5% |
| Population | 28,068 | 6,818 |
Bundoora vs Upwey: what the numbers say
Houses cost about the same in both suburbs: the median house price is $910K in Bundoora and $910K in Upwey.
Over the past year house prices moved +1.8% in Bundoora (an estimate) and +4.7% in Upwey, so recent momentum favours Upwey, although both suburbs recorded growth.
Rental vacancy is 0.5% in Upwey and 1.5% in Bundoora, so landlords in Upwey 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 6,818, roughly 4.1 times the size of Upwey; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Upwey for recent price momentum, Upwey 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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