Croydon North vs Tarrengower
Property investment comparison - Croydon North, VIC 3136 vs Tarrengower, VIC 3463
Head-to-head across core investment metrics: Croydon North wins 4, Tarrengower 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.
| Metric | Croydon North | Tarrengower |
|---|---|---|
| Median house price | $1.1M | $1.1M |
| Median unit price | $715K | $825K |
| Gross rental yield (houses) | 3.57% | 2.49% |
| Gross rental yield (units) | 4.50% | 1.86% |
| 1-year house growth | +0.8%estimate | - |
| 3-year house growth | - | - |
| Vacancy rate | 1.6% | 3.5% |
| Population | 8,092 | 56 |
Croydon North vs Tarrengower: 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 Tarrengower.
For units, Croydon North sits at a median of $715K against $825K in Tarrengower, which makes Croydon North the more affordable unit market and Tarrengower the pricier one.
On cash flow, Croydon North leads: houses there return a gross rental yield of 3.57%, compared with 2.49% in Tarrengower, a gap of 1.08 percentage points.
Rental vacancy is 1.6% in Croydon North and 3.5% in Tarrengower, 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 56, roughly 145 times the size of Tarrengower; 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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