Corryong vs Panitya
Property investment comparison - Corryong, VIC 3707 vs Panitya, VIC 3512
Head-to-head across core investment metrics: Corryong wins 1, Panitya 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.
| Metric | Corryong | Panitya |
|---|---|---|
| Median house price | $350K | $345K |
| Median unit price | $495K | - |
| Gross rental yield (houses) | 5.65% | - |
| Gross rental yield (units) | 3.86% | - |
| 1-year house growth | +11.6% | - |
| 3-year house growth | +9.4% | - |
| Vacancy rate | 0.5% | 5.6% |
| Population | 1,352 | 67 |
Corryong vs Panitya: what the numbers say
The median house price is $350K in Corryong and $345K in Panitya, so Panitya is the cheaper entry point, with Corryong houses about 1% dearer.
Rental vacancy is 0.5% in Corryong and 5.6% in Panitya, so landlords in Corryong face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.
Corryong is the bigger suburb, with a population of 1,352 against 67, roughly 20 times the size of Panitya; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Panitya for a lower purchase price, Corryong for the tighter rental market. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.
Keep exploring
- National investment guide - top suburbs across every metric
- Take the suburb finder quiz - 5 questions to match your goals
- How our investment score works
- Property investment glossary - every term defined
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