Croydon North vs Gapsted
Property investment comparison - Croydon North, VIC 3136 vs Gapsted, VIC 3737
Head-to-head across core investment metrics: Croydon North wins 3, Gapsted 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 | Croydon North | Gapsted |
|---|---|---|
| Median house price | $1.1M | $1.1M |
| Median unit price | $715K | $505K |
| Gross rental yield (houses) | 3.57% | 2.73% |
| Gross rental yield (units) | 4.50% | 3.55% |
| 1-year house growth | +0.8%estimate | - |
| 3-year house growth | - | - |
| Vacancy rate | 1.6% | 1.8% |
| Population | 8,092 | 156 |
Croydon North vs Gapsted: what the numbers say
Houses cost about the same in both suburbs: the median house price is $1.1M in Croydon North and $1.1M in Gapsted.
For units, Croydon North sits at a median of $715K against $505K in Gapsted, which makes Gapsted the more affordable unit market and Croydon North the pricier one.
On cash flow, Croydon North leads: houses there return a gross rental yield of 3.57%, compared with 2.73% in Gapsted, a gap of 0.84 percentage points.
Rental vacancy is 1.6% in Croydon North and 1.8% in Gapsted, so landlords in Croydon North face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.
Croydon North is the bigger suburb, with a population of 8,092 against 156, roughly 52 times the size of Gapsted; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Croydon North for rental income, Croydon 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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