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Ellerslie vs Yarram

Property investment comparison - Ellerslie, VIC 3265 vs Yarram, VIC 3971

Head-to-head across core investment metrics: Ellerslie wins 2, Yarram 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.

MetricEllerslieYarram
Median house price$405K$415K
Median unit price--
Gross rental yield (houses)5.40%4.45%
Gross rental yield (units)--
1-year house growth-+7.7%estimate
3-year house growth--
Vacancy rate3.9%0.1%
Population1572,136

Ellerslie vs Yarram: what the numbers say

The median house price is $405K in Ellerslie and $415K in Yarram, so Ellerslie is the cheaper entry point, with Yarram houses about 2% dearer.

On cash flow, Ellerslie leads: houses there return a gross rental yield of 5.40%, compared with 4.45% in Yarram, a gap of 0.95 percentage points.

Rental vacancy is 0.1% in Yarram and 3.9% in Ellerslie, so landlords in Yarram face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Yarram is the bigger suburb, with a population of 2,136 against 157, roughly 14 times the size of Ellerslie; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Ellerslie for rental income, Ellerslie for a lower purchase price, Yarram 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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