Garfield vs Yeodene
Property investment comparison - Garfield, VIC 3814 vs Yeodene, VIC 3249
Head-to-head across core investment metrics: Garfield wins 1, Yeodene 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.
| Metric | Garfield | Yeodene |
|---|---|---|
| Median house price | $780K | $780K |
| Median unit price | $575K | - |
| Gross rental yield (houses) | 3.90% | 2.96% |
| Gross rental yield (units) | 5.01% | - |
| 1-year house growth | +2.5% | - |
| 3-year house growth | -6.6% | - |
| Vacancy rate | 1.1% | 0.9% |
| Population | 2,114 | 107 |
Garfield vs Yeodene: what the numbers say
Houses cost about the same in both suburbs: the median house price is $780K in Garfield and $780K in Yeodene.
On cash flow, Garfield leads: houses there return a gross rental yield of 3.90%, compared with 2.96% in Yeodene, a gap of 0.94 percentage points.
Rental vacancy is 0.9% in Yeodene and 1.1% in Garfield, so landlords in Yeodene face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.
Garfield is the bigger suburb, with a population of 2,114 against 107, roughly 20 times the size of Yeodene; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Garfield for rental income, Yeodene for the tighter rental market. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.
Keep exploring
- National investment guide - top suburbs across every metric
- Take the suburb finder quiz - 5 questions to match your goals
- How our investment score works
- Property investment glossary - every term defined
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