Gordon vs Port Fairy
Property investment comparison - Gordon, VIC 3345 vs Port Fairy, VIC 3284
Head-to-head across core investment metrics: Gordon wins 3, Port Fairy 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.
| Metric | Gordon | Port Fairy |
|---|---|---|
| Median house price | $855K | $860K |
| Median unit price | $720K | - |
| Gross rental yield (houses) | 3.83% | 3.27% |
| Gross rental yield (units) | 4.89% | 2.97% |
| 1-year house growth | +10.1%estimate | +11.8% |
| 3-year house growth | - | -5.8% |
| Vacancy rate | 1.9% | 0.8% |
| Population | 1,393 | 3,742 |
Gordon vs Port Fairy: what the numbers say
The median house price is $855K in Gordon and $860K in Port Fairy, so Gordon is the cheaper entry point, with Port Fairy houses about 1% dearer.
On cash flow, Gordon leads: houses there return a gross rental yield of 3.83%, compared with 3.27% in Port Fairy, a gap of 0.56 percentage points.
Over the past year house prices moved +10.1% in Gordon (an estimate) and +11.8% in Port Fairy, so recent momentum favours Port Fairy, although both suburbs recorded growth.
Rental vacancy is 0.8% in Port Fairy and 1.9% in Gordon, so landlords in Port Fairy face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.
Port Fairy is the bigger suburb, with a population of 3,742 against 1,393, roughly 2.7 times the size of Gordon; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Gordon for rental income, Gordon for a lower purchase price, Port Fairy for recent price momentum, Port Fairy 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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