Dimboola vs St Arnaud
Property investment comparison - Dimboola, VIC 3414 vs St Arnaud, VIC 3478
Head-to-head across core investment metrics: Dimboola wins 3, St Arnaud wins 1. 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 | St Arnaud |
|---|---|---|
| Median house price | $320K | $305K |
| Median unit price | $350K | - |
| Gross rental yield (houses) | 5.91% | - |
| Gross rental yield (units) | 4.41% | 4.25% |
| 1-year house growth | - | +4.5% |
| 3-year house growth | +12.1% | +5.4% |
| Vacancy rate | 0.4% | 0.6% |
| Population | 1,635 | 2,318 |
Dimboola vs St Arnaud: what the numbers say
The median house price is $320K in Dimboola and $305K in St Arnaud, so St Arnaud is the cheaper entry point, with Dimboola houses about 5% dearer.
Looking back three years, Dimboola houses are +12.1% and St Arnaud houses +5.4%, so Dimboola has compounded faster than St Arnaud over the longer window.
Rental vacancy is 0.4% in Dimboola and 0.6% in St Arnaud, so landlords in Dimboola face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.
St Arnaud is the bigger suburb, with a population of 2,318 against 1,635, larger than Dimboola; a larger suburb usually means a deeper pool of buyers and tenants.
In short: St Arnaud for a lower purchase price, Dimboola 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
Compare any 2-4 Australian suburbs
Build your own multi-suburb comparison with the full interactive tool.
Open interactive comparison