Carrajung South vs North Wonthaggi
Property investment comparison - Carrajung South, VIC 3874 vs North Wonthaggi, VIC 3995
Head-to-head across core investment metrics: Carrajung South wins 1, North Wonthaggi 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.
| Metric | Carrajung South | North Wonthaggi |
|---|---|---|
| Median house price | $605K | $610K |
| Median unit price | - | - |
| Gross rental yield (houses) | - | 4.49% |
| Gross rental yield (units) | - | 5.02% |
| 1-year house growth | - | +1.6% |
| 3-year house growth | - | -5.6% |
| Vacancy rate | - | 0.6% |
| Population | 42 | 3,475 |
Carrajung South vs North Wonthaggi: what the numbers say
The median house price is $605K in Carrajung South and $610K in North Wonthaggi, so Carrajung South is the cheaper entry point, with North Wonthaggi houses about 1% dearer.
North Wonthaggi is the bigger suburb, with a population of 3,475 against 42, roughly 83 times the size of Carrajung South; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Carrajung South 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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Carrajung South, VIC 3874
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North Wonthaggi, VIC 3995
Open North Wonthaggi suburb profileRecent sales in North Wonthaggi
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