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Campbells Forest vs Drouin

Property investment comparison - Campbells Forest, VIC 3556 vs Drouin, VIC 3818

Head-to-head across core investment metrics: Campbells Forest wins 1, Drouin wins 3. 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 ForestDrouin
Median house price$670K$665K
Median unit price-$470K
Gross rental yield (houses)4.46%4.50%
Gross rental yield (units)-4.98%
1-year house growth+6.1%estimate+4.7%
3-year house growth-+4.6%
Vacancy rate7.0%1.5%
Population5015,287

Campbells Forest vs Drouin: what the numbers say

The median house price is $670K in Campbells Forest and $665K in Drouin, so Drouin is the cheaper entry point, with Campbells Forest houses about 1% dearer.

Gross rental yield on houses is effectively level, at 4.46% in Campbells Forest and 4.50% in Drouin, so neither suburb has a cash flow edge on houses.

Over the past year house prices moved +6.1% in Campbells Forest (an estimate) and +4.7% in Drouin, so recent momentum favours Campbells Forest, although both suburbs recorded growth.

Rental vacancy is 1.5% in Drouin and 7.0% in Campbells Forest, so landlords in Drouin face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Drouin is the bigger suburb, with a population of 15,287 against 50, roughly 306 times the size of Campbells Forest; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Drouin for a lower purchase price, Campbells Forest for recent price momentum, Drouin 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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