Flinders vs Yellow Rock

Houses cost about the same in both suburbs: the median house price is $1.1M in Flinders and $1.1M in Yellow Rock.

For units, Flinders sits at a median of $845K against $680K in Yellow Rock, which makes Yellow Rock the more affordable unit market and Flinders the pricier one.

Gross rental yield on houses is effectively level, at 3.54% in Flinders and 3.50% in Yellow Rock, so neither suburb has a cash flow edge on houses.

Over the past year house prices moved +9.5% in Flinders and +6.4% in Yellow Rock, so recent momentum favours Flinders, although both suburbs recorded growth.

Looking back three years, Flinders houses are +19.1% and Yellow Rock houses +22.7%, so Yellow Rock has compounded faster than Flinders over the longer window.

Rental vacancy is 0.7% in Flinders and 3.1% in Yellow Rock, so landlords in Flinders face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Flinders is the bigger suburb, with a population of 7,118 against 1,119, roughly 6 times the size of Yellow Rock; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Flinders for recent price momentum, Flinders for the tighter rental market. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.