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Dalyston vs Mallacoota

Property investment comparison - Dalyston, VIC 3992 vs Mallacoota, VIC 3892

Head-to-head across core investment metrics: Dalyston wins 1, Mallacoota 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.

MetricDalystonMallacoota
Median house price$535K$540K
Median unit price--
Gross rental yield (houses)4.96%-
Gross rental yield (units)3.42%-
1-year house growth-0.7%+5.6%estimate
3-year house growth+1.4%-
Vacancy rate2.5%0.4%
Population8431,183

Dalyston vs Mallacoota: what the numbers say

The median house price is $535K in Dalyston and $540K in Mallacoota, so Dalyston is the cheaper entry point, with Mallacoota houses about 1% dearer.

Over the past year house prices moved -0.7% in Dalyston and +5.6% in Mallacoota (an estimate), so recent momentum favours Mallacoota, while Dalyston went backwards.

Rental vacancy is 0.4% in Mallacoota and 2.5% in Dalyston, so landlords in Mallacoota face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Mallacoota is the bigger suburb, with a population of 1,183 against 843, larger than Dalyston; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Dalyston for a lower purchase price, Mallacoota for recent price momentum, Mallacoota 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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