Harmers Haven vs Sassafras
Property investment comparison - Harmers Haven, VIC 3995 vs Sassafras, VIC 3787
Head-to-head across core investment metrics: Harmers Haven wins 1, Sassafras 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 | Harmers Haven | Sassafras |
|---|---|---|
| Median house price | $1.0M | $1.0M |
| Median unit price | - | $1.1M |
| Gross rental yield (houses) | 1.31% | 3.89% |
| Gross rental yield (units) | - | - |
| 1-year house growth | - | +4.0%estimate |
| 3-year house growth | - | - |
| Vacancy rate | 1.3% | 6.1% |
| Population | 62 | 970 |
Harmers Haven vs Sassafras: what the numbers say
The median house price is $1.0M in Harmers Haven and $1.0M in Sassafras, so Sassafras is the cheaper entry point.
On cash flow, Sassafras leads: houses there return a gross rental yield of 3.89%, compared with 1.31% in Harmers Haven, a gap of 2.58 percentage points.
Rental vacancy is 1.3% in Harmers Haven and 6.1% in Sassafras, so landlords in Harmers Haven face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.
Sassafras is the bigger suburb, with a population of 970 against 62, roughly 16 times the size of Harmers Haven; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Sassafras for rental income, Sassafras for a lower purchase price, Harmers Haven 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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