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Charlton vs Wallup

Property investment comparison - Charlton, VIC 3525 vs Wallup, VIC 3401

Head-to-head across core investment metrics: Charlton wins 1, Wallup 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.

MetricCharltonWallup
Median house price$330K$330K
Median unit price$330K-
Gross rental yield (houses)6.95%5.91%
Gross rental yield (units)2.49%-
1-year house growth+8.2%-
3-year house growth+0.0%-
Vacancy rate1.7%-
Population1,09528

Charlton vs Wallup: what the numbers say

Houses cost about the same in both suburbs: the median house price is $330K in Charlton and $330K in Wallup.

On cash flow, Charlton leads: houses there return a gross rental yield of 6.95%, compared with 5.91% in Wallup, a gap of 1.04 percentage points.

Charlton is the bigger suburb, with a population of 1,095 against 28, roughly 39 times the size of Wallup; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Charlton for rental income. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.

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