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Carlton vs Nalangil

Property investment comparison - Carlton, VIC 3053 vs Nalangil, VIC 3249

Head-to-head across core investment metrics: Carlton wins 1, Nalangil wins 2. 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.

MetricCarltonNalangil
Median house price$1.4M$1.4M
Median unit price--
Gross rental yield (houses)3.60%1.78%
Gross rental yield (units)7.16%-
1-year house growth-1.5%-
3-year house growth-15.8%-
Vacancy rate1.1%1.1%
Population16,05572

Carlton vs Nalangil: what the numbers say

The median house price is $1.4M in Carlton and $1.4M in Nalangil, so Nalangil is the cheaper entry point.

On cash flow, Carlton leads: houses there return a gross rental yield of 3.60%, compared with 1.78% in Nalangil, a gap of 1.82 percentage points.

Rental vacancy is the same in both, at 1.1%.

Carlton is the bigger suburb, with a population of 16,055 against 72, roughly 223 times the size of Nalangil; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Carlton for rental income, Nalangil 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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