Bungeet vs Carrum Downs
Property investment comparison - Bungeet, VIC 3726 vs Carrum Downs, VIC 3201
Head-to-head across core investment metrics: Bungeet wins 0, Carrum Downs 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.
| Metric | Bungeet | Carrum Downs |
|---|---|---|
| Median house price | $810K | $810K |
| Median unit price | - | $620K |
| Gross rental yield (houses) | - | 3.76% |
| Gross rental yield (units) | - | 4.50% |
| 1-year house growth | - | +11.0% |
| 3-year house growth | - | +19.0% |
| Vacancy rate | 12.6% | 0.8% |
| Population | 29 | 21,976 |
Bungeet vs Carrum Downs: what the numbers say
Houses cost about the same in both suburbs: the median house price is $810K in Bungeet and $810K in Carrum Downs.
Rental vacancy is 0.8% in Carrum Downs and 12.6% in Bungeet, so landlords in Carrum Downs face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.
Carrum Downs is the bigger suburb, with a population of 21,976 against 29, roughly 758 times the size of Bungeet; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Carrum Downs 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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