Elliminyt vs Willatook
Property investment comparison - Elliminyt, VIC 3250 vs Willatook, VIC 3283
Head-to-head across core investment metrics: Elliminyt wins 2, Willatook wins 0. 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 | Elliminyt | Willatook |
|---|---|---|
| Median house price | $650K | $650K |
| Median unit price | - | - |
| Gross rental yield (houses) | 4.31% | 2.91% |
| Gross rental yield (units) | 4.95% | - |
| 1-year house growth | +0.1% | - |
| 3-year house growth | -13.3% | - |
| Vacancy rate | 1.2% | 5.8% |
| Population | 3,260 | 53 |
Elliminyt vs Willatook: what the numbers say
Houses cost about the same in both suburbs: the median house price is $650K in Elliminyt and $650K in Willatook.
On cash flow, Elliminyt leads: houses there return a gross rental yield of 4.31%, compared with 2.91% in Willatook, a gap of 1.40 percentage points.
Rental vacancy is 1.2% in Elliminyt and 5.8% in Willatook, so landlords in Elliminyt face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.
Elliminyt is the bigger suburb, with a population of 3,260 against 53, roughly 62 times the size of Willatook; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Elliminyt for rental income, Elliminyt for the tighter rental market. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.
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
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