Carlton North vs Tanybryn
Property investment comparison - Carlton North, VIC 3054 vs Tanybryn, VIC 3249
Head-to-head across core investment metrics: Carlton North wins 4, Tanybryn 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 | Carlton North | Tanybryn |
|---|---|---|
| Median house price | $1.5M | $1.6M |
| Median unit price | $690K | $405K |
| Gross rental yield (houses) | 2.90% | 1.47% |
| Gross rental yield (units) | 4.67% | 3.66% |
| 1-year house growth | -3.7%estimate | - |
| 3-year house growth | - | - |
| Vacancy rate | 0.6% | 1.0% |
| Population | 6,177 | 15 |
Carlton North vs Tanybryn: what the numbers say
The median house price is $1.5M in Carlton North and $1.6M in Tanybryn, so Carlton North is the cheaper entry point, with Tanybryn houses about 1% dearer.
For units, Carlton North sits at a median of $690K against $405K in Tanybryn, which makes Tanybryn the more affordable unit market and Carlton North the pricier one.
On cash flow, Carlton North leads: houses there return a gross rental yield of 2.90%, compared with 1.47% in Tanybryn, a gap of 1.43 percentage points.
Rental vacancy is 0.6% in Carlton North and 1.0% in Tanybryn, so landlords in Carlton North face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.
Carlton North is the bigger suburb, with a population of 6,177 against 15, roughly 412 times the size of Tanybryn; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Carlton North for rental income, Carlton North for a lower purchase price, Carlton North 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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