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Elliminyt vs Maddingley

Property investment comparison - Elliminyt, VIC 3250 vs Maddingley, VIC 3340

Head-to-head across core investment metrics: Elliminyt wins 2, Maddingley wins 2. 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.

MetricElliminytMaddingley
Median house price$650K$650K
Median unit price--
Gross rental yield (houses)4.31%-
Gross rental yield (units)4.95%4.85%
1-year house growth+0.1%+4.3%
3-year house growth-13.3%+1.8%
Vacancy rate1.2%2.6%
Population3,2605,491

Elliminyt vs Maddingley: what the numbers say

Houses cost about the same in both suburbs: the median house price is $650K in Elliminyt and $650K in Maddingley.

Over the past year house prices moved +0.1% in Elliminyt and +4.3% in Maddingley, so recent momentum favours Maddingley, although both suburbs recorded growth.

Looking back three years, Elliminyt houses are -13.3% and Maddingley houses +1.8%, so Maddingley has compounded faster than Elliminyt over the longer window.

Rental vacancy is 1.2% in Elliminyt and 2.6% in Maddingley, so landlords in Elliminyt face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Maddingley is the bigger suburb, with a population of 5,491 against 3,260, larger than Elliminyt; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Maddingley for recent price momentum, Elliminyt 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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