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Delburn vs New Gisborne

Property investment comparison - Delburn, VIC 3871 vs New Gisborne, VIC 3438

Head-to-head across core investment metrics: Delburn wins 0, New Gisborne wins 3. 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.

MetricDelburnNew Gisborne
Median house price$885K$880K
Median unit price--
Gross rental yield (houses)2.53%3.84%
Gross rental yield (units)--
1-year house growth-+0.5%
3-year house growth-+3.6%
Vacancy rate7.2%3.3%
Population372,509

Delburn vs New Gisborne: what the numbers say

The median house price is $885K in Delburn and $880K in New Gisborne, so New Gisborne is the cheaper entry point, with Delburn houses about 1% dearer.

On cash flow, New Gisborne leads: houses there return a gross rental yield of 3.84%, compared with 2.53% in Delburn, a gap of 1.31 percentage points.

Rental vacancy is 3.3% in New Gisborne and 7.2% in Delburn, so landlords in New Gisborne face less competition for tenants.

New Gisborne is the bigger suburb, with a population of 2,509 against 37, roughly 68 times the size of Delburn; a larger suburb usually means a deeper pool of buyers and tenants.

In short: New Gisborne for rental income, New Gisborne for a lower purchase price, New Gisborne 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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