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.
| Metric | Binginwarri | Mildura |
|---|---|---|
| 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 rate | 2.8% | 2.4% |
| Population | 134 | 34,565 |
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.
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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