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Binginwarri vs Mildura

Property investment comparison - Binginwarri, VIC 3966 vs Mildura, VIC 3500

Head-to-head across core investment metrics: Binginwarri wins 0, Mildura wins 4. 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.

MetricBinginwarriMildura
Median house price$595K$595K
Median unit price$545K$400K
Gross rental yield (houses)3.13%4.80%
Gross rental yield (units)1.57%5.25%
1-year house growth-+12.8%
3-year house growth-+28.4%
Vacancy rate2.8%2.4%
Population13434,565

Binginwarri vs Mildura: what the numbers say

Houses cost about the same in both suburbs: the median house price is $595K in Binginwarri and $595K in Mildura.

For units, Binginwarri sits at a median of $545K against $400K in Mildura, which makes Mildura the more affordable unit market and Binginwarri the pricier one.

On cash flow, Mildura leads: houses there return a gross rental yield of 4.80%, compared with 3.13% in Binginwarri, a gap of 1.67 percentage points.

Rental vacancy is 2.4% in Mildura and 2.8% in Binginwarri, so landlords in Mildura face less competition for tenants.

Mildura is the bigger suburb, with a population of 34,565 against 134, roughly 258 times the size of Binginwarri; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Mildura for rental income, Mildura 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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