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Chetwynd vs Edenhope

Property investment comparison - Chetwynd, VIC 3312 vs Edenhope, VIC 3318

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

MetricChetwyndEdenhope
Median house price$320K$320K
Median unit price-$340K
Gross rental yield (houses)5.10%6.30%
Gross rental yield (units)-3.57%
1-year house growth-+3.4%estimate
3-year house growth--
Vacancy rate-0.8%
Population85937

Chetwynd vs Edenhope: what the numbers say

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

On cash flow, Edenhope leads: houses there return a gross rental yield of 6.30%, compared with 5.10% in Chetwynd, a gap of 1.20 percentage points.

Edenhope is the bigger suburb, with a population of 937 against 85, roughly 11 times the size of Chetwynd; a larger suburb usually means a deeper pool of buyers and tenants.

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

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