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Nar Nar Goon vs Outtrim

Property investment comparison - Nar Nar Goon, VIC 3812 vs Outtrim, VIC 3951

Head-to-head across core investment metrics: Nar Nar Goon wins 2, Outtrim wins 0. 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.

MetricNar Nar GoonOuttrim
Median house price$1M$1M
Median unit price--
Gross rental yield (houses)3.50%3.38%
Gross rental yield (units)3.14%-
1-year house growth+3.1%estimate-
3-year house growth--
Vacancy rate2.3%3.6%
Population1,023270

Nar Nar Goon vs Outtrim: what the numbers say

Houses cost about the same in both suburbs: the median house price is $1M in Nar Nar Goon and $1M in Outtrim.

On cash flow, Nar Nar Goon leads: houses there return a gross rental yield of 3.50%, compared with 3.38% in Outtrim, a gap of 0.12 percentage points.

Rental vacancy is 2.3% in Nar Nar Goon and 3.6% in Outtrim, so landlords in Nar Nar Goon face less competition for tenants.

Nar Nar Goon is the bigger suburb, with a population of 1,023 against 270, roughly 3.8 times the size of Outtrim; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Nar Nar Goon for rental income, Nar Nar Goon 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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