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Fyansford vs Gundowring

Property investment comparison - Fyansford, VIC 3218 vs Gundowring, VIC 3691

Head-to-head across core investment metrics: Fyansford wins 3, Gundowring 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.

MetricFyansfordGundowring
Median house price$915K$920K
Median unit price$665K$595K
Gross rental yield (houses)3.70%3.74%
Gross rental yield (units)4.19%3.29%
1-year house growth-4.7%estimate-
3-year house growth--
Vacancy rate2.6%6.0%
Population1,206208

Fyansford vs Gundowring: what the numbers say

The median house price is $915K in Fyansford and $920K in Gundowring, so Fyansford is the cheaper entry point, with Gundowring houses about 1% dearer.

For units, Fyansford sits at a median of $665K against $595K in Gundowring, which makes Gundowring the more affordable unit market and Fyansford the pricier one.

Gross rental yield on houses is effectively level, at 3.70% in Fyansford and 3.74% in Gundowring, so neither suburb has a cash flow edge on houses.

Rental vacancy is 2.6% in Fyansford and 6.0% in Gundowring, so landlords in Fyansford face less competition for tenants.

Fyansford is the bigger suburb, with a population of 1,206 against 208, roughly 6 times the size of Gundowring; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Fyansford for a lower purchase price, Fyansford 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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