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Coburg North vs Dean

Property investment comparison - Coburg North, VIC 3058 vs Dean, VIC 3352

Head-to-head across core investment metrics: Coburg North wins 2, Dean 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.

MetricCoburg NorthDean
Median house price$1.1M$1.1M
Median unit price-$70K
Gross rental yield (houses)3.20%2.36%
Gross rental yield (units)4.67%-
1-year house growth-0.2%estimate-
3-year house growth--
Vacancy rate1.3%1.7%
Population8,327132

Coburg North vs Dean: what the numbers say

The median house price is $1.1M in Coburg North and $1.1M in Dean, so Dean is the cheaper entry point.

On cash flow, Coburg North leads: houses there return a gross rental yield of 3.20%, compared with 2.36% in Dean, a gap of 0.84 percentage points.

Rental vacancy is 1.3% in Coburg North and 1.7% in Dean, so landlords in Coburg North face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Coburg North is the bigger suburb, with a population of 8,327 against 132, roughly 63 times the size of Dean; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Coburg North for rental income, Dean for a lower purchase price, Coburg North for the tighter rental market. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.

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