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Avonsleigh vs Wirrate

Property investment comparison - Avonsleigh, VIC 3782 vs Wirrate, VIC 3608

Head-to-head across core investment metrics: Avonsleigh wins 2, Wirrate wins 3. 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.

MetricAvonsleighWirrate
Median house price$910K$915K
Median unit price$815K$505K
Gross rental yield (houses)4.62%3.37%
Gross rental yield (units)3.57%4.81%
1-year house growth+6.0%-
3-year house growth+24.1%-
Vacancy rate3.4%1.4%
Population8443

Avonsleigh vs Wirrate: what the numbers say

The median house price is $910K in Avonsleigh and $915K in Wirrate, so Avonsleigh is the cheaper entry point, with Wirrate houses about 1% dearer.

For units, Avonsleigh sits at a median of $815K against $505K in Wirrate, which makes Wirrate the more affordable unit market and Avonsleigh the pricier one.

On cash flow, Avonsleigh leads: houses there return a gross rental yield of 4.62%, compared with 3.37% in Wirrate, a gap of 1.25 percentage points.

Rental vacancy is 1.4% in Wirrate and 3.4% in Avonsleigh, so landlords in Wirrate face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Avonsleigh is the bigger suburb, with a population of 844 against 3, roughly 281 times the size of Wirrate; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Avonsleigh for rental income, Avonsleigh for a lower purchase price, Wirrate 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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