Nar Nar Goon vs Redesdale
Property investment comparison - Nar Nar Goon, VIC 3812 vs Redesdale, VIC 3444
Head-to-head across core investment metrics: Nar Nar Goon wins 1, Redesdale 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.
| Metric | Nar Nar Goon | Redesdale |
|---|---|---|
| Median house price | $1M | $1M |
| Median unit price | - | $480K |
| Gross rental yield (houses) | 3.50% | - |
| Gross rental yield (units) | 3.14% | 5.19% |
| 1-year house growth | +3.1%estimate | +7.8% |
| 3-year house growth | - | +30.1% |
| Vacancy rate | 2.3% | 3.7% |
| Population | 1,023 | 299 |
Nar Nar Goon vs Redesdale: 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 Redesdale.
Over the past year house prices moved +3.1% in Nar Nar Goon (an estimate) and +7.8% in Redesdale, so recent momentum favours Redesdale, although both suburbs recorded growth.
Rental vacancy is 2.3% in Nar Nar Goon and 3.7% in Redesdale, 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 299, roughly 3.4 times the size of Redesdale; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Redesdale for recent price momentum, 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.
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
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