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Chetwynd vs Dimboola

Property investment comparison - Chetwynd, VIC 3312 vs Dimboola, VIC 3414

Head-to-head across core investment metrics: Chetwynd wins 0, 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.

MetricChetwyndDimboola
Median house price$320K$320K
Median unit price-$350K
Gross rental yield (houses)5.10%5.91%
Gross rental yield (units)-4.41%
1-year house growth--
3-year house growth-+12.1%
Vacancy rate-0.4%
Population851,635

Chetwynd vs Dimboola: what the numbers say

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

On cash flow, Dimboola leads: houses there return a gross rental yield of 5.91%, compared with 5.10% in Chetwynd, a gap of 0.81 percentage points.

Dimboola is the bigger suburb, with a population of 1,635 against 85, roughly 19 times the size of Chetwynd; a larger suburb usually means a deeper pool of buyers and tenants.

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

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