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Dimboola vs Tutye

Property investment comparison - Dimboola, VIC 3414 vs Tutye, VIC 3490

Head-to-head across core investment metrics: Dimboola wins 1, Tutye 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.

MetricDimboolaTutye
Median house price$320K$315K
Median unit price$375K-
Gross rental yield (houses)5.98%5.02%
Gross rental yield (units)4.31%-
1-year house growth+19.3%estimate-
3-year house growth--
Vacancy rate1.0%0.4%
Population1,63521

Dimboola vs Tutye: what the numbers say

The median house price is $320K in Dimboola and $315K in Tutye, so Tutye is the cheaper entry point, with Dimboola houses about 2% dearer.

On cash flow, Dimboola leads: houses there return a gross rental yield of 5.98%, compared with 5.02% in Tutye, a gap of 0.96 percentage points.

Rental vacancy is 0.4% in Tutye and 1.0% in Dimboola, so landlords in Tutye face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Dimboola is the bigger suburb, with a population of 1,635 against 21, roughly 78 times the size of Tutye; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Dimboola for rental income, Tutye for a lower purchase price, Tutye 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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