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Cranbourne West vs Undera

Property investment comparison - Cranbourne West, VIC 3977 vs Undera, VIC 3629

Head-to-head across core investment metrics: Cranbourne West wins 3, Undera 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.

MetricCranbourne WestUndera
Median house price$735K$735K
Median unit price$545K$635K
Gross rental yield (houses)4.21%2.18%
Gross rental yield (units)-2.87%
1-year house growth+5.8%-
3-year house growth+11.4%-
Vacancy rate2.8%2.9%
Population19,969450

Cranbourne West vs Undera: what the numbers say

Houses cost about the same in both suburbs: the median house price is $735K in Cranbourne West and $735K in Undera.

For units, Cranbourne West sits at a median of $545K against $635K in Undera, which makes Cranbourne West the more affordable unit market and Undera the pricier one.

On cash flow, Cranbourne West leads: houses there return a gross rental yield of 4.21%, compared with 2.18% in Undera, a gap of 2.03 percentage points.

Rental vacancy is 2.8% in Cranbourne West and 2.9% in Undera, so landlords in Cranbourne West face less competition for tenants.

Cranbourne West is the bigger suburb, with a population of 19,969 against 450, roughly 44 times the size of Undera; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Cranbourne West for rental income, Cranbourne West 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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