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Dimboola vs Wallup

Property investment comparison - Dimboola, VIC 3414 vs Wallup, VIC 3401

Head-to-head across core investment metrics: Dimboola wins 1, Wallup wins 0. 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.

MetricDimboolaWallup
Median house price$320K$330K
Median unit price$350K-
Gross rental yield (houses)5.91%5.91%
Gross rental yield (units)4.41%-
1-year house growth--
3-year house growth+12.1%-
Vacancy rate0.4%-
Population1,63528

Dimboola vs Wallup: what the numbers say

The median house price is $320K in Dimboola and $330K in Wallup, so Dimboola is the cheaper entry point, with Wallup houses about 3% dearer.

Gross rental yield on houses is effectively level, at 5.91% in Dimboola and 5.91% in Wallup, so neither suburb has a cash flow edge on houses.

Dimboola is the bigger suburb, with a population of 1,635 against 28, roughly 58 times the size of Wallup; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Dimboola for a lower purchase price. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.

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