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Amherst vs Leongatha

Property investment comparison - Amherst, VIC 3371 vs Leongatha, VIC 3953

Head-to-head across core investment metrics: Amherst wins 2, Leongatha 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.

MetricAmherstLeongatha
Median house price$600K$600K
Median unit price$210K$425K
Gross rental yield (houses)-4.41%
Gross rental yield (units)7.67%5.23%
1-year house growth-+4.5%
3-year house growth--1.3%
Vacancy rate2.8%0.5%
Population635,869

Amherst vs Leongatha: what the numbers say

Houses cost about the same in both suburbs: the median house price is $600K in Amherst and $600K in Leongatha.

For units, Amherst sits at a median of $210K against $425K in Leongatha, which makes Amherst the more affordable unit market and Leongatha the pricier one.

Rental vacancy is 0.5% in Leongatha and 2.8% in Amherst, so landlords in Leongatha face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Leongatha is the bigger suburb, with a population of 5,869 against 63, roughly 93 times the size of Amherst; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Leongatha 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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