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Caniambo vs Darley

Property investment comparison - Caniambo, VIC 3630 vs Darley, VIC 3340

Head-to-head across core investment metrics: Caniambo wins 1, Darley 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.

MetricCaniamboDarley
Median house price$665K$665K
Median unit price$470K$430K
Gross rental yield (houses)3.60%3.91%
Gross rental yield (units)5.39%5.20%
1-year house growth-+2.6%
3-year house growth--5.9%
Vacancy rate2.0%1.8%
Population829,190

Caniambo vs Darley: what the numbers say

Houses cost about the same in both suburbs: the median house price is $665K in Caniambo and $665K in Darley.

For units, Caniambo sits at a median of $470K against $430K in Darley, which makes Darley the more affordable unit market and Caniambo the pricier one.

On cash flow, Darley leads: houses there return a gross rental yield of 3.91%, compared with 3.60% in Caniambo, a gap of 0.31 percentage points.

Rental vacancy is 1.8% in Darley and 2.0% in Caniambo, so landlords in Darley face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Darley is the bigger suburb, with a population of 9,190 against 82, roughly 112 times the size of Caniambo; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Darley for rental income, Darley 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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