Leongatha vs Naringal East
Property investment comparison - Leongatha, VIC 3953 vs Naringal East, VIC 3277
Head-to-head across core investment metrics: Leongatha wins 1, Naringal East 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.
| Metric | Leongatha | Naringal East |
|---|---|---|
| Median house price | $600K | $600K |
| Median unit price | $425K | - |
| Gross rental yield (houses) | 4.41% | 4.87% |
| Gross rental yield (units) | 5.23% | - |
| 1-year house growth | +4.5% | - |
| 3-year house growth | -1.3% | - |
| Vacancy rate | 0.5% | 1.6% |
| Population | 5,869 | 96 |
Leongatha vs Naringal East: what the numbers say
Houses cost about the same in both suburbs: the median house price is $600K in Leongatha and $600K in Naringal East.
On cash flow, Naringal East leads: houses there return a gross rental yield of 4.87%, compared with 4.41% in Leongatha, a gap of 0.46 percentage points.
Rental vacancy is 0.5% in Leongatha and 1.6% in Naringal East, so landlords in Leongatha face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.
Leongatha is the bigger suburb, with a population of 5,869 against 96, roughly 61 times the size of Naringal East; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Naringal East for rental income, Leongatha 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
Compare any 2-4 Australian suburbs
Build your own multi-suburb comparison with the full interactive tool.
Open interactive comparison