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Avoca vs Wombelano

Property investment comparison - Avoca, VIC 3467 vs Wombelano, VIC 3409

Head-to-head across core investment metrics: Avoca wins 1, Wombelano 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.

MetricAvocaWombelano
Median house price$400K$380K
Median unit price$320K-
Gross rental yield (houses)5.06%-
Gross rental yield (units)2.61%-
1-year house growth+6.0%estimate-
3-year house growth--
Vacancy rate0.9%1.5%
Population1,35649

Avoca vs Wombelano: what the numbers say

The median house price is $400K in Avoca and $380K in Wombelano, so Wombelano is the cheaper entry point, with Avoca houses about 5% dearer.

Rental vacancy is 0.9% in Avoca and 1.5% in Wombelano, 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 49, roughly 28 times the size of Wombelano; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Wombelano 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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