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Edenhope vs St Arnaud

Property investment comparison - Edenhope, VIC 3318 vs St Arnaud, VIC 3478

Head-to-head across core investment metrics: Edenhope wins 0, St Arnaud wins 4. 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.

MetricEdenhopeSt Arnaud
Median house price$320K$305K
Median unit price$340K-
Gross rental yield (houses)6.30%-
Gross rental yield (units)3.57%4.25%
1-year house growth+3.4%estimate+4.5%
3-year house growth-+5.4%
Vacancy rate0.8%0.6%
Population9372,318

Edenhope vs St Arnaud: what the numbers say

The median house price is $320K in Edenhope and $305K in St Arnaud, so St Arnaud is the cheaper entry point, with Edenhope houses about 5% dearer.

Over the past year house prices moved +3.4% in Edenhope (an estimate) and +4.5% in St Arnaud, so recent momentum favours St Arnaud, although both suburbs recorded growth.

Rental vacancy is 0.6% in St Arnaud and 0.8% in Edenhope, so landlords in St Arnaud face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

St Arnaud is the bigger suburb, with a population of 2,318 against 937, roughly 2.5 times the size of Edenhope; a larger suburb usually means a deeper pool of buyers and tenants.

In short: St Arnaud for a lower purchase price, St Arnaud for recent price momentum, St Arnaud 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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