Elmore vs Venus Bay
Property investment comparison - Elmore, VIC 3558 vs Venus Bay, VIC 3956
Head-to-head across core investment metrics: Elmore wins 3, Venus Bay 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 | Elmore | Venus Bay |
|---|---|---|
| Median house price | $480K | $490K |
| Median unit price | - | $495K |
| Gross rental yield (houses) | - | 4.33% |
| Gross rental yield (units) | 6.16% | 2.49% |
| 1-year house growth | +18.1%estimate | +0.9% |
| 3-year house growth | - | -30.0% |
| Vacancy rate | 1.8% | 1.1% |
| Population | 847 | 904 |
Elmore vs Venus Bay: what the numbers say
The median house price is $480K in Elmore and $490K in Venus Bay, so Elmore is the cheaper entry point, with Venus Bay houses about 2% dearer.
Over the past year house prices moved +18.1% in Elmore (an estimate) and +0.9% in Venus Bay, so recent momentum favours Elmore, although both suburbs recorded growth.
Rental vacancy is 1.1% in Venus Bay and 1.8% in Elmore, so landlords in Venus Bay face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.
Venus Bay is the bigger suburb, with a population of 904 against 847, larger than Elmore; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Elmore for a lower purchase price, Elmore for recent price momentum, Venus Bay 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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