Coburg North vs Mount Lonarch
Property investment comparison - Coburg North, VIC 3058 vs Mount Lonarch, VIC 3468
Head-to-head across core investment metrics: Coburg North wins 2, Mount Lonarch 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.
| Metric | Coburg North | Mount Lonarch |
|---|---|---|
| Median house price | $1.1M | $1.1M |
| Median unit price | - | $95K |
| Gross rental yield (houses) | 3.20% | 1.70% |
| Gross rental yield (units) | 4.67% | 9.45% |
| 1-year house growth | -0.2%estimate | - |
| 3-year house growth | - | - |
| Vacancy rate | 1.3% | 4.7% |
| Population | 8,327 | 44 |
Coburg North vs Mount Lonarch: what the numbers say
The median house price is $1.1M in Coburg North and $1.1M in Mount Lonarch, so Mount Lonarch is the cheaper entry point.
On cash flow, Coburg North leads: houses there return a gross rental yield of 3.20%, compared with 1.70% in Mount Lonarch, a gap of 1.50 percentage points.
Rental vacancy is 1.3% in Coburg North and 4.7% in Mount Lonarch, 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 44, roughly 189 times the size of Mount Lonarch; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Coburg North for rental income, Mount Lonarch 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.
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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