Dean vs Wendouree
Property investment comparison - Dean, VIC 3363 vs Wendouree, VIC 3355
Head-to-head across core investment metrics: Dean wins 5, Wendouree wins 0. 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 | Dean | Wendouree |
|---|---|---|
| Median house price | $535K | $540K |
| Median unit price | $255K | $365K |
| Gross rental yield (houses) | 4.69% | 3.96% |
| Gross rental yield (units) | 7.21% | 4.49% |
| 1-year house growth | - | +18.4% |
| 3-year house growth | - | +11.7% |
| Vacancy rate | 0.5% | 1.0% |
| Population | 132 | 10,376 |
Dean vs Wendouree: what the numbers say
The median house price is $535K in Dean and $540K in Wendouree, so Dean is the cheaper entry point, with Wendouree houses about 1% dearer.
For units, Dean sits at a median of $255K against $365K in Wendouree, which makes Dean the more affordable unit market and Wendouree the pricier one.
On cash flow, Dean leads: houses there return a gross rental yield of 4.69%, compared with 3.96% in Wendouree, a gap of 0.73 percentage points.
Rental vacancy is 0.5% in Dean and 1.0% in Wendouree, so landlords in Dean face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.
Wendouree is the bigger suburb, with a population of 10,376 against 132, roughly 79 times the size of Dean; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Dean for rental income, Dean for a lower purchase price, Dean 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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