Edenhope vs Paschendale
Property investment comparison - Edenhope, VIC 3318 vs Paschendale, VIC 3315
Head-to-head across core investment metrics: Edenhope wins 2, Paschendale 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 | Edenhope | Paschendale |
|---|---|---|
| Median house price | $320K | $330K |
| Median unit price | $340K | - |
| Gross rental yield (houses) | 6.30% | 6.80% |
| Gross rental yield (units) | 3.57% | - |
| 1-year house growth | +3.4%estimate | - |
| 3-year house growth | - | - |
| Vacancy rate | 0.8% | 1.6% |
| Population | 937 | 33 |
Edenhope vs Paschendale: what the numbers say
The median house price is $320K in Edenhope and $330K in Paschendale, so Edenhope is the cheaper entry point, with Paschendale houses about 3% dearer.
On cash flow, Paschendale leads: houses there return a gross rental yield of 6.80%, compared with 6.30% in Edenhope, a gap of 0.50 percentage points.
Rental vacancy is 0.8% in Edenhope and 1.6% in Paschendale, so landlords in Edenhope face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.
Edenhope is the bigger suburb, with a population of 937 against 33, roughly 28 times the size of Paschendale; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Paschendale for rental income, Edenhope for a lower purchase price, Edenhope 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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