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Cannum vs Rushworth

Property investment comparison - Cannum, VIC 3393 vs Rushworth, VIC 3612

Head-to-head across core investment metrics: Cannum wins 2, Rushworth 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.

MetricCannumRushworth
Median house price$390K$370K
Median unit price-$310K
Gross rental yield (houses)5.38%5.33%
Gross rental yield (units)-3.09%
1-year house growth-+5.8%
3-year house growth--8.0%
Vacancy rate1.6%1.8%
Population451,411

Cannum vs Rushworth: what the numbers say

The median house price is $390K in Cannum and $370K in Rushworth, so Rushworth is the cheaper entry point, with Cannum houses about 5% dearer.

Gross rental yield on houses is effectively level, at 5.38% in Cannum and 5.33% in Rushworth, so neither suburb has a cash flow edge on houses.

Rental vacancy is 1.6% in Cannum and 1.8% in Rushworth, so landlords in Cannum face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Rushworth is the bigger suburb, with a population of 1,411 against 45, roughly 31 times the size of Cannum; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Rushworth for a lower purchase price, Cannum 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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