East Bairnsdale vs Lucknow.
Comparing two suburbs with median house prices of $362,500 and $630,000. East Bairnsdale edges out on more headline metrics in this comparison.
East Bairnsdale (median $362,500) is roughly 42% cheaper to buy into than Lucknow ($630,000).
For buyers
East Bairnsdale is the lower entry point at $362,500 median, 42% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.
For investors
East Bairnsdale offers the higher gross rental yield (4.02% vs 2.31%), favouring cash-flow investors.
For families
School and household data is too similar between the two to call a winner on family fit. Check the individual profiles for street-level school catchments.
Common questions
Is East Bairnsdale or Lucknow cheaper to buy in?
East Bairnsdale has the lower median house price at $362,500, roughly 42% below Lucknow ($630,000). The gap on units is usually similar but worth checking on the full suburb profiles.
Which suburb has higher rental yield, East Bairnsdale or Lucknow?
Gross rental yield on houses is 4.02% in East Bairnsdale vs 2.31% in Lucknow. Gross yield equals annual rent divided by purchase price. Net yield (after strata, rates, insurance, agent fees and maintenance) typically runs 1.5-2 percentage points lower.
The numbers behind the take
Price & Market
Rental
Lifestyle & Demographics
Risk & Hazard
Schools
Climate
Green dot = better on that metric (lower price, higher growth, higher walkability, lower risk).
Compare East Bairnsdale against another suburb