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Gobur vs Tullamarine

Property investment comparison - Gobur, VIC 3719 vs Tullamarine, VIC 3043

Head-to-head across core investment metrics: Gobur wins 1, Tullamarine wins 3. 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.

MetricGoburTullamarine
Median house price$825K$825K
Median unit price$380K$600K
Gross rental yield (houses)2.25%3.78%
Gross rental yield (units)3.24%4.77%
1-year house growth-+10.0%
3-year house growth-+14.2%
Vacancy rate6.1%1.1%
Population1026,733

Gobur vs Tullamarine: what the numbers say

Houses cost about the same in both suburbs: the median house price is $825K in Gobur and $825K in Tullamarine.

For units, Gobur sits at a median of $380K against $600K in Tullamarine, which makes Gobur the more affordable unit market and Tullamarine the pricier one.

On cash flow, Tullamarine leads: houses there return a gross rental yield of 3.78%, compared with 2.25% in Gobur, a gap of 1.53 percentage points.

Rental vacancy is 1.1% in Tullamarine and 6.1% in Gobur, so landlords in Tullamarine face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Tullamarine is the bigger suburb, with a population of 6,733 against 102, roughly 66 times the size of Gobur; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Tullamarine for rental income, Tullamarine 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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