Drummond vs Wandong
Property investment comparison - Drummond, VIC 3461 vs Wandong, VIC 3758
Head-to-head across core investment metrics: Drummond wins 1, Wandong 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 | Drummond | Wandong |
|---|---|---|
| Median house price | $1.0M | $1M |
| Median unit price | $690K | - |
| Gross rental yield (houses) | - | 2.89% |
| Gross rental yield (units) | 3.26% | 4.92% |
| 1-year house growth | - | +5.3% |
| 3-year house growth | - | -10.6% |
| Vacancy rate | 1.2% | 4.1% |
| Population | 294 | 1,477 |
Drummond vs Wandong: what the numbers say
The median house price is $1.0M in Drummond and $1M in Wandong, so Wandong is the cheaper entry point, with Drummond houses about 1% dearer.
Rental vacancy is 1.2% in Drummond and 4.1% in Wandong, so landlords in Drummond face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.
Wandong is the bigger suburb, with a population of 1,477 against 294, roughly 5 times the size of Drummond; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Wandong for a lower purchase price, Drummond 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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