FairSquare/Victoria/Nunawading
Suburb Dossier · VIC · 3131

Nunawading

FairSquare analyses every Australian suburb for property investors — score, yield, risk and a full investment verdict.

Nunawading offers a dependable 'workhorse' investment, underpinned by its strategic middle-ring location just 19km from the Melbourne CBD. Critically low supply meets strong demand, manifesting in an ultra-low 0.8% vacancy rate and consistent 8% annual capital appreciation. Constrained supply means downward price pressure is structurally limited. Structural owner-occupier demand has not yet been priced into the market — a re-rating window remains open.

Model Verdict
Workhorse Investment
6.8OUT OF 10
Median
$1.19M
house
Gross Yield
3.2%
derived
Weekly Rent
$739
3-bed median
12m Growth
+8.0%
trailing
Secret Sauce · Derivation

How the model valued Nunawading

The median price is derived, not estimated. Every number on this page traces back to the model's proprietary yield surface — calibrated for each part of the country and resolved against distance from CBD. The price falls out of the formula.

Confidencehigh

Inputs for this suburb sit at the top of our calibration tier. The model is not guessing.

Distance
to CBD
19km
Yield
derived from model
3.2%
Median Rent
weekly, 3-bed
$739
Median Price
(rent × 52) ÷ yield
$1.19M
Fit · Who It Suits
Investor Profiles
Defensive Hold
Model Tags
Supply ConstrainedPrestige Undervalued
Signals · Partial View
Market Temp
Warming
Supply Pressure
Low
Rent Trajectory
In line
Cycle Position
Hot ·
Days On Market
Cool
Clearance Rate
Active ·
Buyer Demand
Hot
Vacancy Rate
Cool ·
Rent Growth 12m
Active
Price Volatility
Hot ·
5-Year Forecast
Cool
Risk Flags
Active ·

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What's inside
01Cover page with verdict & score
02In-30-seconds snapshot
03Score breakdown across 5 dimensions
04Big picture & liveability analysis
05Market cycle + 10-year forecast
06Rental story + yield scenarios
07Supply & demand pressure gauge
08Opportunity & risk register
093-play investor playbook
1012-24mo + 3-5yr outlook
112026 Budget impact analysis
Nearby · VIC
1.6km away
Mitcham
Workhorse Investment
$1.24M3.2%+7.5%
2.0km away
Blackburn
Workhorse Investment
$1.65M2.5%+8.5%
2.0km away
Blackburn North
Workhorse Investment
$1.41M2.9%+8.5%
3.1km away
Blackburn South
Workhorse Investment
$1.37M3.0%+8.5%
FAQ
01

Is Nunawading a good investment in 2026?

Nunawading scores 6.8/10 on the FairSquare model. Nunawading offers a dependable 'workhorse' investment, underpinned by its strategic middle-ring location just 19km from the Melbourne CBD. Critically low supply meets strong demand, manifesting in an ultra-low 0.8% vacancy rate and consistent 8% annual capital appreciation.

02

What is the median house price in Nunawading?

The median house price in Nunawading, VIC is $1.19M. Weekly rent of $739 against a 3.2% gross yield underpins this figure.

03

What is the rental yield in Nunawading?

Nunawading has a gross rental yield of 3.2%, with a median weekly rent of $739. 12-month price growth is tracking at +8.0%.

04

Which investor profiles does Nunawading suit?

Based on its market signals, Nunawading aligns with: Defensive Hold.

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