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Chatsworth vs Donald

Property investment comparison - Chatsworth, VIC 3379 vs Donald, VIC 3480

Head-to-head across core investment metrics: Chatsworth wins 1, Donald wins 2. 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.

MetricChatsworthDonald
Median house price$320K$310K
Median unit price--
Gross rental yield (houses)6.83%5.82%
Gross rental yield (units)-3.70%
1-year house growth-+8.9%
3-year house growth-+22.9%
Vacancy rate2.6%1.5%
Population491,472

Chatsworth vs Donald: what the numbers say

The median house price is $320K in Chatsworth and $310K in Donald, so Donald is the cheaper entry point, with Chatsworth houses about 3% dearer.

On cash flow, Chatsworth leads: houses there return a gross rental yield of 6.83%, compared with 5.82% in Donald, a gap of 1.01 percentage points.

Rental vacancy is 1.5% in Donald and 2.6% in Chatsworth, so landlords in Donald face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Donald is the bigger suburb, with a population of 1,472 against 49, roughly 30 times the size of Chatsworth; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Chatsworth for rental income, Donald for a lower purchase price, Donald 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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