Avoca vs Terrick Terrick
Property investment comparison - Avoca, VIC 3467 vs Terrick Terrick, VIC 3575
Head-to-head across core investment metrics: Avoca wins 3, Terrick Terrick wins 0. 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.
| Metric | Avoca | Terrick Terrick |
|---|---|---|
| Median house price | $400K | $420K |
| Median unit price | $320K | - |
| Gross rental yield (houses) | 5.06% | 2.64% |
| Gross rental yield (units) | 2.61% | - |
| 1-year house growth | +6.0%estimate | - |
| 3-year house growth | - | - |
| Vacancy rate | 0.9% | 1.2% |
| Population | 1,356 | 8 |
Avoca vs Terrick Terrick: what the numbers say
The median house price is $400K in Avoca and $420K in Terrick Terrick, so Avoca is the cheaper entry point, with Terrick Terrick houses about 5% dearer.
On cash flow, Avoca leads: houses there return a gross rental yield of 5.06%, compared with 2.64% in Terrick Terrick, a gap of 2.42 percentage points.
Rental vacancy is 0.9% in Avoca and 1.2% in Terrick Terrick, so landlords in Avoca face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.
Avoca is the bigger suburb, with a population of 1,356 against 8, roughly 170 times the size of Terrick Terrick; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Avoca for rental income, Avoca for a lower purchase price, Avoca 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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Terrick Terrick, VIC 3575
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