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Chatsworth vs Kerang

Property investment comparison - Chatsworth, VIC 3379 vs Kerang, VIC 3579

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

MetricChatsworthKerang
Median house price$320K$330K
Median unit price-$220K
Gross rental yield (houses)6.83%5.84%
Gross rental yield (units)-5.20%
1-year house growth-+9.4%estimate
3-year house growth--
Vacancy rate2.6%0.7%
Population493,960

Chatsworth vs Kerang: what the numbers say

The median house price is $320K in Chatsworth and $330K in Kerang, so Chatsworth is the cheaper entry point, with Kerang houses about 3% dearer.

On cash flow, Chatsworth leads: houses there return a gross rental yield of 6.83%, compared with 5.84% in Kerang, a gap of 0.99 percentage points.

Rental vacancy is 0.7% in Kerang and 2.6% in Chatsworth, so landlords in Kerang face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Kerang is the bigger suburb, with a population of 3,960 against 49, roughly 81 times the size of Chatsworth; a larger suburb usually means a deeper pool of buyers and tenants.

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