Berringa vs Lakes Entrance
Property investment comparison - Berringa, VIC 3351 vs Lakes Entrance, VIC 3909
Head-to-head across core investment metrics: Berringa wins 1, Lakes Entrance 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.
| Metric | Berringa | Lakes Entrance |
|---|---|---|
| Median house price | $540K | $540K |
| Median unit price | - | $430K |
| Gross rental yield (houses) | 5.58% | 4.80% |
| Gross rental yield (units) | - | 4.50% |
| 1-year house growth | - | +4.4% |
| 3-year house growth | - | +0.8% |
| Vacancy rate | 2.6% | 1.4% |
| Population | 194 | 5,145 |
Berringa vs Lakes Entrance: what the numbers say
Houses cost about the same in both suburbs: the median house price is $540K in Berringa and $540K in Lakes Entrance.
On cash flow, Berringa leads: houses there return a gross rental yield of 5.58%, compared with 4.80% in Lakes Entrance, a gap of 0.78 percentage points.
Rental vacancy is 1.4% in Lakes Entrance and 2.6% in Berringa, so landlords in Lakes Entrance face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.
Lakes Entrance is the bigger suburb, with a population of 5,145 against 194, roughly 27 times the size of Berringa; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Berringa for rental income, Lakes Entrance 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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Lakes Entrance, VIC 3909
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