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Chatsworth vs Dimboola

Property investment comparison - Chatsworth, VIC 3379 vs Dimboola, VIC 3414

Head-to-head across core investment metrics: Chatsworth wins 1, Dimboola 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.

MetricChatsworthDimboola
Median house price$320K$320K
Median unit price-$350K
Gross rental yield (houses)6.83%5.91%
Gross rental yield (units)-4.41%
1-year house growth--
3-year house growth-+12.1%
Vacancy rate2.6%0.4%
Population491,635

Chatsworth vs Dimboola: what the numbers say

Houses cost about the same in both suburbs: the median house price is $320K in Chatsworth and $320K in Dimboola.

On cash flow, Chatsworth leads: houses there return a gross rental yield of 6.83%, compared with 5.91% in Dimboola, a gap of 0.92 percentage points.

Rental vacancy is 0.4% in Dimboola and 2.6% in Chatsworth, so landlords in Dimboola face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Dimboola is the bigger suburb, with a population of 1,635 against 49, roughly 33 times the size of Chatsworth; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Chatsworth for rental income, Dimboola 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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