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Ararat vs Cabbage Tree Creek

Property investment comparison - Ararat, VIC 3377 vs Cabbage Tree Creek, VIC 3889

Head-to-head across core investment metrics: Ararat wins 1, Cabbage Tree Creek wins 2. 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.

MetricAraratCabbage Tree Creek
Median house price$440K$435K
Median unit price$335K-
Gross rental yield (houses)5.20%4.52%
Gross rental yield (units)--
1-year house growth+13.4%-
3-year house growth+12.0%-
Vacancy rate1.6%0.9%
Population8,50052

Ararat vs Cabbage Tree Creek: what the numbers say

The median house price is $440K in Ararat and $435K in Cabbage Tree Creek, so Cabbage Tree Creek is the cheaper entry point, with Ararat houses about 1% dearer.

On cash flow, Ararat leads: houses there return a gross rental yield of 5.20%, compared with 4.52% in Cabbage Tree Creek, a gap of 0.68 percentage points.

Rental vacancy is 0.9% in Cabbage Tree Creek and 1.6% in Ararat, so landlords in Cabbage Tree Creek face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Ararat is the bigger suburb, with a population of 8,500 against 52, roughly 163 times the size of Cabbage Tree Creek; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Ararat for rental income, Cabbage Tree Creek for a lower purchase price, Cabbage Tree Creek 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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