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Bungalally vs Hallam

Property investment comparison - Bungalally, VIC 3401 vs Hallam, VIC 3803

Head-to-head across core investment metrics: Bungalally wins 0, Hallam 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.

MetricBungalallyHallam
Median house price$805K$805K
Median unit price-$625K
Gross rental yield (houses)2.61%3.68%
Gross rental yield (units)-4.40%
1-year house growth-+7.7%estimate
3-year house growth--
Vacancy rate-1.0%
Population9311,355

Bungalally vs Hallam: what the numbers say

Houses cost about the same in both suburbs: the median house price is $805K in Bungalally and $805K in Hallam.

On cash flow, Hallam leads: houses there return a gross rental yield of 3.68%, compared with 2.61% in Bungalally, a gap of 1.07 percentage points.

Hallam is the bigger suburb, with a population of 11,355 against 93, roughly 122 times the size of Bungalally; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Hallam for rental income. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.

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