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Ardeer vs Windermere

Property investment comparison - Ardeer, VIC 3022 vs Windermere, VIC 3352

Head-to-head across core investment metrics: Ardeer wins 1, Windermere 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.

MetricArdeerWindermere
Median house price$715K$715K
Median unit price$580K-
Gross rental yield (houses)3.63%3.72%
Gross rental yield (units)4.65%-
1-year house growth+5.6%-
3-year house growth+12.6%-
Vacancy rate0.6%1.6%
Population3,17096

Ardeer vs Windermere: what the numbers say

Houses cost about the same in both suburbs: the median house price is $715K in Ardeer and $715K in Windermere.

On cash flow, Windermere leads: houses there return a gross rental yield of 3.72%, compared with 3.63% in Ardeer, a gap of 0.09 percentage points.

Rental vacancy is 0.6% in Ardeer and 1.6% in Windermere, so landlords in Ardeer face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Ardeer is the bigger suburb, with a population of 3,170 against 96, roughly 33 times the size of Windermere; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Windermere for rental income, Ardeer 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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