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Anderson vs Mount Dandenong

Property investment comparison - Anderson, VIC 3995 vs Mount Dandenong, VIC 3767

Head-to-head across core investment metrics: Anderson wins 0, Mount Dandenong wins 3. 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.

MetricAndersonMount Dandenong
Median house price$1.1M$1.1M
Median unit price-$1.0M
Gross rental yield (houses)2.32%3.65%
Gross rental yield (units)--
1-year house growth--1.0%
3-year house growth-+25.6%
Vacancy rate6.2%3.7%
Population261,271

Anderson vs Mount Dandenong: what the numbers say

The median house price is $1.1M in Anderson and $1.1M in Mount Dandenong, so Mount Dandenong is the cheaper entry point, with Anderson houses about 1% dearer.

On cash flow, Mount Dandenong leads: houses there return a gross rental yield of 3.65%, compared with 2.32% in Anderson, a gap of 1.33 percentage points.

Rental vacancy is 3.7% in Mount Dandenong and 6.2% in Anderson, so landlords in Mount Dandenong face less competition for tenants.

Mount Dandenong is the bigger suburb, with a population of 1,271 against 26, roughly 49 times the size of Anderson; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Mount Dandenong for rental income, Mount Dandenong for a lower purchase price, Mount Dandenong 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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