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Homerton vs Laverton

Property investment comparison - Homerton, VIC 3304 vs Laverton, VIC 3028

Head-to-head across core investment metrics: Homerton wins 1, Laverton 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.

MetricHomertonLaverton
Median house price$625K$625K
Median unit price-$575K
Gross rental yield (houses)3.75%3.90%
Gross rental yield (units)-4.99%
1-year house growth-+4.5%
3-year house growth-+6.4%
Vacancy rate0.7%2.2%
Population364,760

Homerton vs Laverton: what the numbers say

Houses cost about the same in both suburbs: the median house price is $625K in Homerton and $625K in Laverton.

On cash flow, Laverton leads: houses there return a gross rental yield of 3.90%, compared with 3.75% in Homerton, a gap of 0.15 percentage points.

Rental vacancy is 0.7% in Homerton and 2.2% in Laverton, so landlords in Homerton face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Laverton is the bigger suburb, with a population of 4,760 against 36, roughly 132 times the size of Homerton; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Laverton for rental income, Homerton 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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