Julatten vs Raceview

The median house price is $850K in Julatten and $855K in Raceview, so Julatten is the cheaper entry point, with Raceview houses about 1% dearer.

For units, Julatten sits at a median of $1.3M against $640K in Raceview, which makes Raceview the more affordable unit market and Julatten the pricier one.

On cash flow, Raceview leads: houses there return a gross rental yield of 3.80%, compared with 3.73% in Julatten, a gap of 0.07 percentage points.

Over the past year house prices moved +9.2% in Julatten and +22.1% in Raceview, so recent momentum favours Raceview, although both suburbs recorded growth.

Looking back three years, Julatten houses are +39.3% and Raceview houses +63.3%, so Raceview has compounded faster than Julatten over the longer window.

Rental vacancy is 1.1% in Raceview and 1.5% in Julatten, so landlords in Raceview face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Raceview is the bigger suburb, with a population of 9,699 against 1,020, roughly 10 times the size of Julatten; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Raceview for rental income, Julatten for a lower purchase price, Raceview for recent price momentum, Raceview for the tighter rental market. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.