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Dallas vs Glenrowan

Property investment comparison - Dallas, VIC 3047 vs Glenrowan, VIC 3675

Head-to-head across core investment metrics: Dallas wins 2, Glenrowan 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.

MetricDallasGlenrowan
Median house price$625K$625K
Median unit price-$340K
Gross rental yield (houses)4.28%4.36%
Gross rental yield (units)4.70%5.68%
1-year house growth+11.5%estimate-1.3%
3-year house growth-+0.0%
Vacancy rate1.9%2.3%
Population6,7621,049

Dallas vs Glenrowan: what the numbers say

Houses cost about the same in both suburbs: the median house price is $625K in Dallas and $625K in Glenrowan.

On cash flow, Glenrowan leads: houses there return a gross rental yield of 4.36%, compared with 4.28% in Dallas, a gap of 0.08 percentage points.

Over the past year house prices moved +11.5% in Dallas (an estimate) and -1.3% in Glenrowan, so recent momentum favours Dallas, while Glenrowan went backwards.

Rental vacancy is 1.9% in Dallas and 2.3% in Glenrowan, so landlords in Dallas face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Dallas is the bigger suburb, with a population of 6,762 against 1,049, roughly 6 times the size of Glenrowan; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Glenrowan for rental income, Dallas for recent price momentum, Dallas 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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