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Nar Nar Goon vs Scoresby

Property investment comparison - Nar Nar Goon, VIC 3812 vs Scoresby, VIC 3179

Head-to-head across core investment metrics: Nar Nar Goon wins 4, Scoresby 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.

MetricNar Nar GoonScoresby
Median house price$1M$1.0M
Median unit price-$720K
Gross rental yield (houses)3.50%3.32%
Gross rental yield (units)3.14%4.40%
1-year house growth+3.1%estimate+0.6%estimate
3-year house growth--
Vacancy rate2.3%2.4%
Population1,0236,066

Nar Nar Goon vs Scoresby: what the numbers say

The median house price is $1M in Nar Nar Goon and $1.0M in Scoresby, so Nar Nar Goon is the cheaper entry point, with Scoresby houses about 1% dearer.

On cash flow, Nar Nar Goon leads: houses there return a gross rental yield of 3.50%, compared with 3.32% in Scoresby, a gap of 0.18 percentage points.

Over the past year house prices moved +3.1% in Nar Nar Goon (an estimate) and +0.6% in Scoresby (an estimate), so recent momentum favours Nar Nar Goon, although both suburbs recorded growth.

Rental vacancy is 2.3% in Nar Nar Goon and 2.4% in Scoresby, so landlords in Nar Nar Goon face less competition for tenants.

Scoresby is the bigger suburb, with a population of 6,066 against 1,023, roughly 6 times the size of Nar Nar Goon; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Nar Nar Goon for rental income, Nar Nar Goon for a lower purchase price, Nar Nar Goon 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.

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