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Corunnun vs Derrimut

Property investment comparison - Corunnun, VIC 3249 vs Derrimut, VIC 3026

Head-to-head across core investment metrics: Corunnun wins 0, Derrimut wins 2. 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.

MetricCorunnunDerrimut
Median house price$840K$840K
Median unit price-$830K
Gross rental yield (houses)2.64%3.73%
Gross rental yield (units)-2.42%
1-year house growth-+10.2%
3-year house growth-+13.2%
Vacancy rate0.8%0.8%
Population1198,651

Corunnun vs Derrimut: what the numbers say

Houses cost about the same in both suburbs: the median house price is $840K in Corunnun and $840K in Derrimut.

On cash flow, Derrimut leads: houses there return a gross rental yield of 3.73%, compared with 2.64% in Corunnun, a gap of 1.09 percentage points.

Rental vacancy is the same in both, at 0.8%.

Derrimut is the bigger suburb, with a population of 8,651 against 119, roughly 73 times the size of Corunnun; a larger suburb usually means a deeper pool of buyers and tenants.

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

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