Buffalo vs Wallan
Property investment comparison - Buffalo, VIC 3958 vs Wallan, VIC 3756
Head-to-head across core investment metrics: Buffalo wins 1, Wallan wins 2. 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 | Buffalo | Wallan |
|---|---|---|
| Median house price | $615K | $620K |
| Median unit price | $990K | $465K |
| Gross rental yield (houses) | - | 4.00% |
| Gross rental yield (units) | - | 4.77% |
| 1-year house growth | - | +0.0% |
| 3-year house growth | - | -0.8% |
| Vacancy rate | 3.5% | 2.1% |
| Population | 284 | 15,004 |
Buffalo vs Wallan: what the numbers say
The median house price is $615K in Buffalo and $620K in Wallan, so Buffalo is the cheaper entry point, with Wallan houses about 1% dearer.
For units, Buffalo sits at a median of $990K against $465K in Wallan, which makes Wallan the more affordable unit market and Buffalo the pricier one.
Rental vacancy is 2.1% in Wallan and 3.5% in Buffalo, so landlords in Wallan face less competition for tenants.
Wallan is the bigger suburb, with a population of 15,004 against 284, roughly 53 times the size of Buffalo; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Buffalo for a lower purchase price, Wallan 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
Compare any 2-4 Australian suburbs
Build your own multi-suburb comparison with the full interactive tool.
Open interactive comparison