Denver vs Ormond
Property investment comparison - Denver, VIC 3461 vs Ormond, VIC 3204
Head-to-head across core investment metrics: Denver wins 0, Ormond wins 4. 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 | Denver | Ormond |
|---|---|---|
| Median house price | $1.9M | $1.8M |
| Median unit price | $1.1M | $720K |
| Gross rental yield (houses) | - | 2.59% |
| Gross rental yield (units) | 2.14% | 4.06% |
| 1-year house growth | - | -5.0%estimate |
| 3-year house growth | - | - |
| Vacancy rate | 3.4% | 1.9% |
| Population | 148 | 8,328 |
Denver vs Ormond: what the numbers say
The median house price is $1.9M in Denver and $1.8M in Ormond, so Ormond is the cheaper entry point, with Denver houses about 1% dearer.
For units, Denver sits at a median of $1.1M against $720K in Ormond, which makes Ormond the more affordable unit market and Denver the pricier one.
Rental vacancy is 1.9% in Ormond and 3.4% in Denver, so landlords in Ormond face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.
Ormond is the bigger suburb, with a population of 8,328 against 148, roughly 56 times the size of Denver; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Ormond for a lower purchase price, Ormond 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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