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Kealba vs Yeo

Property investment comparison - Kealba, VIC 3021 vs Yeo, VIC 3249

Head-to-head across core investment metrics: Kealba wins 1, Yeo 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.

MetricKealbaYeo
Median house price$775K$770K
Median unit price--
Gross rental yield (houses)3.70%3.20%
Gross rental yield (units)4.70%-
1-year house growth+7.3%estimate-
3-year house growth--
Vacancy rate1.3%0.8%
Population3,226124

Kealba vs Yeo: what the numbers say

The median house price is $775K in Kealba and $770K in Yeo, so Yeo is the cheaper entry point, with Kealba houses about 1% dearer.

On cash flow, Kealba leads: houses there return a gross rental yield of 3.70%, compared with 3.20% in Yeo, a gap of 0.50 percentage points.

Rental vacancy is 0.8% in Yeo and 1.3% in Kealba, so landlords in Yeo face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Kealba is the bigger suburb, with a population of 3,226 against 124, roughly 26 times the size of Yeo; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Kealba for rental income, Yeo for a lower purchase price, Yeo 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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