Dimboola vs Kalkee
Property investment comparison - Dimboola, VIC 3414 vs Kalkee, VIC 3401
Head-to-head across core investment metrics: Dimboola wins 0, Kalkee 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.
| Metric | Dimboola | Kalkee |
|---|---|---|
| Median house price | $320K | $275K |
| Median unit price | $350K | - |
| Gross rental yield (houses) | 5.91% | 7.52% |
| Gross rental yield (units) | 4.41% | - |
| 1-year house growth | - | - |
| 3-year house growth | +12.1% | - |
| Vacancy rate | 0.4% | - |
| Population | 1,635 | 48 |
Dimboola vs Kalkee: what the numbers say
The median house price is $320K in Dimboola and $275K in Kalkee, so Kalkee is the cheaper entry point, with Dimboola houses about 16% dearer.
On cash flow, Kalkee leads: houses there return a gross rental yield of 7.52%, compared with 5.91% in Dimboola, a gap of 1.61 percentage points.
Dimboola is the bigger suburb, with a population of 1,635 against 48, roughly 34 times the size of Kalkee; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Kalkee for rental income, Kalkee for a lower purchase price. 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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