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Eltham North vs Whorouly East

Property investment comparison - Eltham North, VIC 3095 vs Whorouly East, VIC 3735

Head-to-head across core investment metrics: Eltham North wins 2, Whorouly East 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.

MetricEltham NorthWhorouly East
Median house price$1.2M$1.2M
Median unit price-$355K
Gross rental yield (houses)3.35%2.02%
Gross rental yield (units)-4.37%
1-year house growth-2.1%-
3-year house growth-2.0%-
Vacancy rate3.0%3.3%
Population6,83092

Eltham North vs Whorouly East: what the numbers say

The median house price is $1.2M in Eltham North and $1.2M in Whorouly East, so Whorouly East is the cheaper entry point.

On cash flow, Eltham North leads: houses there return a gross rental yield of 3.35%, compared with 2.02% in Whorouly East, a gap of 1.33 percentage points.

Rental vacancy is 3.0% in Eltham North and 3.3% in Whorouly East, so landlords in Eltham North face less competition for tenants.

Eltham North is the bigger suburb, with a population of 6,830 against 92, roughly 74 times the size of Whorouly East; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Eltham North for rental income, Whorouly East for a lower purchase price, Eltham North 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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