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Eumemmerring vs Undera

Property investment comparison - Eumemmerring, VIC 3177 vs Undera, VIC 3629

Head-to-head across core investment metrics: Eumemmerring wins 4, Undera 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.

MetricEumemmerringUndera
Median house price$740K$735K
Median unit price$575K$635K
Gross rental yield (houses)3.86%2.18%
Gross rental yield (units)4.75%2.87%
1-year house growth+5.4%estimate-
3-year house growth--
Vacancy rate0.7%2.9%
Population2,285450

Eumemmerring vs Undera: what the numbers say

The median house price is $740K in Eumemmerring and $735K in Undera, so Undera is the cheaper entry point, with Eumemmerring houses about 1% dearer.

For units, Eumemmerring sits at a median of $575K against $635K in Undera, which makes Eumemmerring the more affordable unit market and Undera the pricier one.

On cash flow, Eumemmerring leads: houses there return a gross rental yield of 3.86%, compared with 2.18% in Undera, a gap of 1.68 percentage points.

Rental vacancy is 0.7% in Eumemmerring and 2.9% in Undera, so landlords in Eumemmerring face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Eumemmerring is the bigger suburb, with a population of 2,285 against 450, roughly 5 times the size of Undera; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Eumemmerring for rental income, Undera for a lower purchase price, Eumemmerring 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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