Belgrave vs Dawson
Property investment comparison - Belgrave, VIC 3160 vs Dawson, VIC 3858
Head-to-head across core investment metrics: Belgrave wins 0, Dawson 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.
| Metric | Belgrave | Dawson |
|---|---|---|
| Median house price | $855K | $850K |
| Median unit price | - | $260K |
| Gross rental yield (houses) | 4.01% | - |
| Gross rental yield (units) | 1.83% | 4.12% |
| 1-year house growth | +4.8% | - |
| 3-year house growth | +3.3% | - |
| Vacancy rate | 1.6% | 0.2% |
| Population | 3,894 | 40 |
Belgrave vs Dawson: what the numbers say
The median house price is $855K in Belgrave and $850K in Dawson, so Dawson is the cheaper entry point, with Belgrave houses about 1% dearer.
Rental vacancy is 0.2% in Dawson and 1.6% in Belgrave, so landlords in Dawson face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.
Belgrave is the bigger suburb, with a population of 3,894 against 40, roughly 97 times the size of Dawson; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Dawson for a lower purchase price, Dawson for the tighter rental market. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.
Keep exploring
- National investment guide - top suburbs across every metric
- Take the suburb finder quiz - 5 questions to match your goals
- How our investment score works
- Property investment glossary - every term defined
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