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Ballangeich vs Redan

Property investment comparison - Ballangeich, VIC 3279 vs Redan, VIC 3350

Head-to-head across core investment metrics: Ballangeich wins 2, Redan 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.

MetricBallangeichRedan
Median house price$505K$510K
Median unit price-$380K
Gross rental yield (houses)4.70%4.10%
Gross rental yield (units)--
1-year house growth-+16.4%
3-year house growth-+5.2%
Vacancy rate-0.9%
Population713,000

Ballangeich vs Redan: what the numbers say

The median house price is $505K in Ballangeich and $510K in Redan, so Ballangeich is the cheaper entry point, with Redan houses about 1% dearer.

On cash flow, Ballangeich leads: houses there return a gross rental yield of 4.70%, compared with 4.10% in Redan, a gap of 0.60 percentage points.

Redan is the bigger suburb, with a population of 3,000 against 71, roughly 42 times the size of Ballangeich; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Ballangeich for rental income, Ballangeich 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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Ballangeich vs Redan: Property Investment Comparison (2026)