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Childers vs Waurn Ponds

Property investment comparison - Childers, VIC 3824 vs Waurn Ponds, VIC 3216

Head-to-head across core investment metrics: Childers wins 2, Waurn Ponds 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.

MetricChildersWaurn Ponds
Median house price$805K$810K
Median unit price--
Gross rental yield (houses)3.77%3.80%
Gross rental yield (units)--
1-year house growth-+5.4%
3-year house growth--4.4%
Vacancy rate1.1%3.7%
Population914,956

Childers vs Waurn Ponds: what the numbers say

The median house price is $805K in Childers and $810K in Waurn Ponds, so Childers is the cheaper entry point, with Waurn Ponds houses about 1% dearer.

Gross rental yield on houses is effectively level, at 3.77% in Childers and 3.80% in Waurn Ponds, so neither suburb has a cash flow edge on houses.

Rental vacancy is 1.1% in Childers and 3.7% in Waurn Ponds, so landlords in Childers face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Waurn Ponds is the bigger suburb, with a population of 4,956 against 91, roughly 54 times the size of Childers; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Childers for a lower purchase price, Childers 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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