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Dalyston vs Moliagul

Property investment comparison - Dalyston, VIC 3992 vs Moliagul, VIC 3472

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

MetricDalystonMoliagul
Median house price$535K$530K
Median unit price--
Gross rental yield (houses)4.96%3.65%
Gross rental yield (units)3.42%-
1-year house growth-0.7%-
3-year house growth+1.4%-
Vacancy rate2.5%1.6%
Population84380

Dalyston vs Moliagul: what the numbers say

The median house price is $535K in Dalyston and $530K in Moliagul, so Moliagul is the cheaper entry point, with Dalyston houses about 1% dearer.

On cash flow, Dalyston leads: houses there return a gross rental yield of 4.96%, compared with 3.65% in Moliagul, a gap of 1.31 percentage points.

Rental vacancy is 1.6% in Moliagul and 2.5% in Dalyston, so landlords in Moliagul face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Dalyston is the bigger suburb, with a population of 843 against 80, roughly 11 times the size of Moliagul; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Dalyston for rental income, Moliagul for a lower purchase price, Moliagul 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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