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Avoca vs Yarrawalla

Property investment comparison - Avoca, VIC 3467 vs Yarrawalla, VIC 3575

Head-to-head across core investment metrics: Avoca wins 3, Yarrawalla 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.

MetricAvocaYarrawalla
Median house price$400K$415K
Median unit price$320K-
Gross rental yield (houses)5.06%2.35%
Gross rental yield (units)2.61%-
1-year house growth+6.0%estimate-
3-year house growth--
Vacancy rate0.9%0.9%
Population1,35678

Avoca vs Yarrawalla: what the numbers say

The median house price is $400K in Avoca and $415K in Yarrawalla, so Avoca is the cheaper entry point, with Yarrawalla houses about 4% dearer.

On cash flow, Avoca leads: houses there return a gross rental yield of 5.06%, compared with 2.35% in Yarrawalla, a gap of 2.71 percentage points.

Rental vacancy is the same in both, at 0.9%.

Avoca is the bigger suburb, with a population of 1,356 against 78, roughly 17 times the size of Yarrawalla; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Avoca for rental income, Avoca for a lower purchase price. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.

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