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Fyansford vs Purnim West

Property investment comparison - Fyansford, VIC 3218 vs Purnim West, VIC 3278

Head-to-head across core investment metrics: Fyansford wins 2, Purnim West 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.

MetricFyansfordPurnim West
Median house price$915K$910K
Median unit price$665K-
Gross rental yield (houses)3.70%3.17%
Gross rental yield (units)4.19%-
1-year house growth-4.7%estimate+22.7%estimate
3-year house growth--
Vacancy rate2.6%7.1%
Population1,20650

Fyansford vs Purnim West: what the numbers say

The median house price is $915K in Fyansford and $910K in Purnim West, so Purnim West is the cheaper entry point, with Fyansford houses about 1% dearer.

On cash flow, Fyansford leads: houses there return a gross rental yield of 3.70%, compared with 3.17% in Purnim West, a gap of 0.53 percentage points.

Over the past year house prices moved -4.7% in Fyansford (an estimate) and +22.7% in Purnim West (an estimate), so recent momentum favours Purnim West, while Fyansford went backwards.

Rental vacancy is 2.6% in Fyansford and 7.1% in Purnim West, so landlords in Fyansford face less competition for tenants.

Fyansford is the bigger suburb, with a population of 1,206 against 50, roughly 24 times the size of Purnim West; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Fyansford for rental income, Purnim West for a lower purchase price, Purnim West for recent price momentum, 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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