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Calivil vs Lake Boga

Property investment comparison - Calivil, VIC 3573 vs Lake Boga, VIC 3584

Head-to-head across core investment metrics: Calivil wins 2, Lake Boga wins 0. 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.

MetricCalivilLake Boga
Median house price$350K$370K
Median unit price-$415K
Gross rental yield (houses)6.80%5.83%
Gross rental yield (units)-5.87%
1-year house growth-+7.9%estimate
3-year house growth--
Vacancy rate-1.1%
Population178982

Calivil vs Lake Boga: what the numbers say

The median house price is $350K in Calivil and $370K in Lake Boga, so Calivil is the cheaper entry point, with Lake Boga houses about 6% dearer.

On cash flow, Calivil leads: houses there return a gross rental yield of 6.80%, compared with 5.83% in Lake Boga, a gap of 0.97 percentage points.

Lake Boga is the bigger suburb, with a population of 982 against 178, roughly 6 times the size of Calivil; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Calivil for rental income, Calivil for a lower purchase price. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.

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