Charlemont vs Wando Bridge
Property investment comparison - Charlemont, VIC 3217 vs Wando Bridge, VIC 3312
Head-to-head across core investment metrics: Charlemont wins 1, Wando Bridge 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.
| Metric | Charlemont | Wando Bridge |
|---|---|---|
| Median house price | $645K | $640K |
| Median unit price | $475K | - |
| Gross rental yield (houses) | 4.20% | 2.56% |
| Gross rental yield (units) | 2.67% | - |
| 1-year house growth | +2.5% | - |
| 3-year house growth | +4.9% | - |
| Vacancy rate | 2.4% | - |
| Population | 2,612 | 41 |
Charlemont vs Wando Bridge: what the numbers say
The median house price is $645K in Charlemont and $640K in Wando Bridge, so Wando Bridge is the cheaper entry point, with Charlemont houses about 1% dearer.
On cash flow, Charlemont leads: houses there return a gross rental yield of 4.20%, compared with 2.56% in Wando Bridge, a gap of 1.64 percentage points.
Charlemont is the bigger suburb, with a population of 2,612 against 41, roughly 64 times the size of Wando Bridge; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Charlemont for rental income, Wando Bridge for a lower purchase price. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.
Keep exploring
- National investment guide - top suburbs across every metric
- Take the suburb finder quiz - 5 questions to match your goals
- How our investment score works
- Property investment glossary - every term defined
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