Elingamite North vs Maffra
Property investment comparison - Elingamite North, VIC 3266 vs Maffra, VIC 3860
Head-to-head across core investment metrics: Elingamite North wins 1, Maffra 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 | Elingamite North | Maffra |
|---|---|---|
| Median house price | $500K | $500K |
| Median unit price | - | $360K |
| Gross rental yield (houses) | 3.44% | 4.98% |
| Gross rental yield (units) | - | - |
| 1-year house growth | - | +12.5% |
| 3-year house growth | - | +10.6% |
| Vacancy rate | 0.5% | 1.5% |
| Population | 118 | 5,384 |
Elingamite North vs Maffra: what the numbers say
Houses cost about the same in both suburbs: the median house price is $500K in Elingamite North and $500K in Maffra.
On cash flow, Maffra leads: houses there return a gross rental yield of 4.98%, compared with 3.44% in Elingamite North, a gap of 1.54 percentage points.
Rental vacancy is 0.5% in Elingamite North and 1.5% in Maffra, so landlords in Elingamite North face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.
Maffra is the bigger suburb, with a population of 5,384 against 118, roughly 46 times the size of Elingamite North; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Maffra for rental income, Elingamite North 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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Elingamite North, VIC 3266
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