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Eynesbury vs Walkerville North

Property investment comparison - Eynesbury, VIC 3338 vs Walkerville North, VIC 3956

Head-to-head across core investment metrics: Eynesbury wins 3, Walkerville North 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.

MetricEynesburyWalkerville North
Median house price$685K$685K
Median unit price$765K$530K
Gross rental yield (houses)3.43%3.05%
Gross rental yield (units)3.16%2.17%
1-year house growth-7.8%-
3-year house growth+2.3%-
Vacancy rate6.8%17.9%
Population2,8385

Eynesbury vs Walkerville North: what the numbers say

Houses cost about the same in both suburbs: the median house price is $685K in Eynesbury and $685K in Walkerville North.

For units, Eynesbury sits at a median of $765K against $530K in Walkerville North, which makes Walkerville North the more affordable unit market and Eynesbury the pricier one.

On cash flow, Eynesbury leads: houses there return a gross rental yield of 3.43%, compared with 3.05% in Walkerville North, a gap of 0.38 percentage points.

Rental vacancy is 6.8% in Eynesbury and 17.9% in Walkerville North, so landlords in Eynesbury face less competition for tenants.

Eynesbury is the bigger suburb, with a population of 2,838 against 5, roughly 568 times the size of Walkerville North; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Eynesbury for rental income, Eynesbury 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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