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Cranbourne North vs Yeodene

Property investment comparison - Cranbourne North, VIC 3977 vs Yeodene, VIC 3249

Head-to-head across core investment metrics: Cranbourne North wins 1, Yeodene 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.

MetricCranbourne NorthYeodene
Median house price$780K$780K
Median unit price$560K-
Gross rental yield (houses)3.98%2.96%
Gross rental yield (units)4.70%-
1-year house growth+6.2%-
3-year house growth+9.4%-
Vacancy rate2.2%0.9%
Population24,683107

Cranbourne North vs Yeodene: what the numbers say

Houses cost about the same in both suburbs: the median house price is $780K in Cranbourne North and $780K in Yeodene.

On cash flow, Cranbourne North leads: houses there return a gross rental yield of 3.98%, compared with 2.96% in Yeodene, a gap of 1.02 percentage points.

Rental vacancy is 0.9% in Yeodene and 2.2% in Cranbourne North, so landlords in Yeodene face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Cranbourne North is the bigger suburb, with a population of 24,683 against 107, roughly 231 times the size of Yeodene; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Cranbourne North for rental income, Yeodene 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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