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Doreen vs Tullamarine

Property investment comparison - Doreen, VIC 3754 vs Tullamarine, VIC 3043

Head-to-head across core investment metrics: Doreen wins 1, Tullamarine 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.

MetricDoreenTullamarine
Median house price$825K$825K
Median unit price$600K$600K
Gross rental yield (houses)-3.78%
Gross rental yield (units)4.40%4.77%
1-year house growth+7.7%estimate+10.0%
3-year house growth-+14.2%
Vacancy rate0.9%1.1%
Population27,1226,733

Doreen vs Tullamarine: what the numbers say

Houses cost about the same in both suburbs: the median house price is $825K in Doreen and $825K in Tullamarine.

Over the past year house prices moved +7.7% in Doreen (an estimate) and +10.0% in Tullamarine, so recent momentum favours Tullamarine, although both suburbs recorded growth.

Rental vacancy is 0.9% in Doreen and 1.1% in Tullamarine, so landlords in Doreen face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Doreen is the bigger suburb, with a population of 27,122 against 6,733, roughly 4.0 times the size of Tullamarine; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Tullamarine for recent price momentum, Doreen 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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