Elingamite vs Yarra Junction
Property investment comparison - Elingamite, VIC 3266 vs Yarra Junction, VIC 3797
Head-to-head across core investment metrics: Elingamite wins 0, Yarra Junction 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.
| Metric | Elingamite | Yarra Junction |
|---|---|---|
| Median house price | $810K | $810K |
| Median unit price | $795K | $620K |
| Gross rental yield (houses) | 2.28% | 4.02% |
| Gross rental yield (units) | 1.42% | 3.00% |
| 1-year house growth | - | +4.3%estimate |
| 3-year house growth | - | - |
| Vacancy rate | 0.5% | 0.3% |
| Population | 57 | 2,875 |
Elingamite vs Yarra Junction: what the numbers say
Houses cost about the same in both suburbs: the median house price is $810K in Elingamite and $810K in Yarra Junction.
For units, Elingamite sits at a median of $795K against $620K in Yarra Junction, which makes Yarra Junction the more affordable unit market and Elingamite the pricier one.
On cash flow, Yarra Junction leads: houses there return a gross rental yield of 4.02%, compared with 2.28% in Elingamite, a gap of 1.74 percentage points.
Rental vacancy is 0.3% in Yarra Junction and 0.5% in Elingamite, so landlords in Yarra Junction face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.
Yarra Junction is the bigger suburb, with a population of 2,875 against 57, roughly 50 times the size of Elingamite; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Yarra Junction for rental income, Yarra Junction for the tighter rental market. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.
Full profile
Yarra Junction, VIC 3797
Open Yarra Junction suburb profileRecent sales in Yarra Junction
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
Compare any 2-4 Australian suburbs
Build your own multi-suburb comparison with the full interactive tool.
Open interactive comparison