Carlyle vs Fraser Rise
Property investment comparison - Carlyle, VIC 3685 vs Fraser Rise, VIC 3336
Head-to-head across core investment metrics: Carlyle wins 4, Fraser Rise 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.
| Metric | Carlyle | Fraser Rise |
|---|---|---|
| Median house price | $700K | $700K |
| Median unit price | $310K | $560K |
| Gross rental yield (houses) | 4.01% | 3.94% |
| Gross rental yield (units) | 5.91% | 4.43% |
| 1-year house growth | - | +0.4% |
| 3-year house growth | - | -3.9% |
| Vacancy rate | 0.2% | 5.5% |
| Population | 82 | 9,097 |
Carlyle vs Fraser Rise: what the numbers say
Houses cost about the same in both suburbs: the median house price is $700K in Carlyle and $700K in Fraser Rise.
For units, Carlyle sits at a median of $310K against $560K in Fraser Rise, which makes Carlyle the more affordable unit market and Fraser Rise the pricier one.
On cash flow, Carlyle leads: houses there return a gross rental yield of 4.01%, compared with 3.94% in Fraser Rise, a gap of 0.07 percentage points.
Rental vacancy is 0.2% in Carlyle and 5.5% in Fraser Rise, so landlords in Carlyle face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.
Fraser Rise is the bigger suburb, with a population of 9,097 against 82, roughly 111 times the size of Carlyle; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Carlyle for rental income, Carlyle 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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