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Bundoora vs Werona

Property investment comparison - Bundoora, VIC 3083 vs Werona, VIC 3364

Head-to-head across core investment metrics: Bundoora wins 2, Werona wins 0. 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.

MetricBundooraWerona
Median house price$910K$910K
Median unit price$505K-
Gross rental yield (houses)3.44%3.35%
Gross rental yield (units)5.25%-
1-year house growth+1.8%estimate-
3-year house growth--
Vacancy rate1.5%1.6%
Population28,06843

Bundoora vs Werona: what the numbers say

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

On cash flow, Bundoora leads: houses there return a gross rental yield of 3.44%, compared with 3.35% in Werona, a gap of 0.09 percentage points.

Rental vacancy is 1.5% in Bundoora and 1.6% in Werona, 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 43, roughly 653 times the size of Werona; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Bundoora for rental income, 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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