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Campbells Forest vs Diggers Rest

Property investment comparison - Campbells Forest, VIC 3556 vs Diggers Rest, VIC 3427

Head-to-head across core investment metrics: Campbells Forest wins 2, Diggers Rest 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.

MetricCampbells ForestDiggers Rest
Median house price$670K$670K
Median unit price--
Gross rental yield (houses)4.46%4.00%
Gross rental yield (units)-4.75%
1-year house growth+6.1%estimate+2.5%
3-year house growth--2.3%
Vacancy rate7.0%2.3%
Population505,669

Campbells Forest vs Diggers Rest: what the numbers say

Houses cost about the same in both suburbs: the median house price is $670K in Campbells Forest and $670K in Diggers Rest.

On cash flow, Campbells Forest leads: houses there return a gross rental yield of 4.46%, compared with 4.00% in Diggers Rest, a gap of 0.46 percentage points.

Over the past year house prices moved +6.1% in Campbells Forest (an estimate) and +2.5% in Diggers Rest, so recent momentum favours Campbells Forest, although both suburbs recorded growth.

Rental vacancy is 2.3% in Diggers Rest and 7.0% in Campbells Forest, so landlords in Diggers Rest face less competition for tenants.

Diggers Rest is the bigger suburb, with a population of 5,669 against 50, roughly 113 times the size of Campbells Forest; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Campbells Forest for rental income, Campbells Forest for recent price momentum, Diggers Rest 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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