Eaglehawk vs Lamplough
Property investment comparison - Eaglehawk, VIC 3556 vs Lamplough, VIC 3352
Head-to-head across core investment metrics: Eaglehawk wins 2, Lamplough 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 | Eaglehawk | Lamplough |
|---|---|---|
| Median house price | $595K | $595K |
| Median unit price | $435K | $145K |
| Gross rental yield (houses) | 4.54% | 4.25% |
| Gross rental yield (units) | 5.00% | 7.61% |
| 1-year house growth | +13.3% | - |
| 3-year house growth | +22.7% | - |
| Vacancy rate | 0.3% | 1.6% |
| Population | 5,538 | 49 |
Eaglehawk vs Lamplough: what the numbers say
Houses cost about the same in both suburbs: the median house price is $595K in Eaglehawk and $595K in Lamplough.
For units, Eaglehawk sits at a median of $435K against $145K in Lamplough, which makes Lamplough the more affordable unit market and Eaglehawk the pricier one.
On cash flow, Eaglehawk leads: houses there return a gross rental yield of 4.54%, compared with 4.25% in Lamplough, a gap of 0.29 percentage points.
Rental vacancy is 0.3% in Eaglehawk and 1.6% in Lamplough, so landlords in Eaglehawk face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.
Eaglehawk is the bigger suburb, with a population of 5,538 against 49, roughly 113 times the size of Lamplough; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Eaglehawk for rental income, Eaglehawk 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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