Carrajung South vs Flora Hill
Property investment comparison - Carrajung South, VIC 3874 vs Flora Hill, VIC 3550
Head-to-head across core investment metrics: Carrajung South wins 0, Flora Hill 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 | Carrajung South | Flora Hill |
|---|---|---|
| Median house price | $605K | $600K |
| Median unit price | - | $450K |
| Gross rental yield (houses) | - | 4.25% |
| Gross rental yield (units) | - | 5.04% |
| 1-year house growth | - | +10.5% |
| 3-year house growth | - | +15.4% |
| Vacancy rate | - | 1.6% |
| Population | 42 | 3,989 |
Carrajung South vs Flora Hill: what the numbers say
The median house price is $605K in Carrajung South and $600K in Flora Hill, so Flora Hill is the cheaper entry point, with Carrajung South houses about 1% dearer.
Flora Hill is the bigger suburb, with a population of 3,989 against 42, roughly 95 times the size of Carrajung South; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Flora Hill 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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Carrajung South, VIC 3874
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