Donald vs Nareen
Property investment comparison - Donald, VIC 3480 vs Nareen, VIC 3315
Head-to-head across core investment metrics: Donald wins 1, Nareen 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 | Donald | Nareen |
|---|---|---|
| Median house price | $310K | $275K |
| Median unit price | - | - |
| Gross rental yield (houses) | 5.82% | 8.27% |
| Gross rental yield (units) | 3.70% | - |
| 1-year house growth | +8.9% | - |
| 3-year house growth | +22.9% | - |
| Vacancy rate | 1.5% | 1.5% |
| Population | 1,472 | 79 |
Donald vs Nareen: what the numbers say
The median house price is $310K in Donald and $275K in Nareen, so Nareen is the cheaper entry point, with Donald houses about 13% dearer.
On cash flow, Nareen leads: houses there return a gross rental yield of 8.27%, compared with 5.82% in Donald, a gap of 2.45 percentage points.
Rental vacancy is the same in both, at 1.5%.
Donald is the bigger suburb, with a population of 1,472 against 79, roughly 19 times the size of Nareen; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Nareen for rental income, Nareen for a lower purchase price. 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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