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Bylands vs Norlane

Property investment comparison - Bylands, VIC 3762 vs Norlane, VIC 3214

Head-to-head across core investment metrics: Bylands wins 1, Norlane 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.

MetricBylandsNorlane
Median house price$545K$550K
Median unit price-$440K
Gross rental yield (houses)-3.95%
Gross rental yield (units)-4.91%
1-year house growth-+19.1%
3-year house growth-+15.4%
Vacancy rate-2.1%
Population1178,682

Bylands vs Norlane: what the numbers say

The median house price is $545K in Bylands and $550K in Norlane, so Bylands is the cheaper entry point, with Norlane houses about 1% dearer.

Norlane is the bigger suburb, with a population of 8,682 against 117, roughly 74 times the size of Bylands; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Bylands for a lower purchase price. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.

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