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Eltham North vs Wildwood

Property investment comparison - Eltham North, VIC 3095 vs Wildwood, VIC 3429

Head-to-head across core investment metrics: Eltham North wins 1, Wildwood 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 NorthWildwood
Median house price$1.2M$1.2M
Median unit price-$910K
Gross rental yield (houses)3.35%2.45%
Gross rental yield (units)-2.51%
1-year house growth-2.1%-
3-year house growth-2.0%-
Vacancy rate3.0%2.2%
Population6,830244

Eltham North vs Wildwood: what the numbers say

Houses cost about the same in both suburbs: the median house price is $1.2M in Eltham North and $1.2M in Wildwood.

On cash flow, Eltham North leads: houses there return a gross rental yield of 3.35%, compared with 2.45% in Wildwood, a gap of 0.90 percentage points.

Rental vacancy is 2.2% in Wildwood and 3.0% in Eltham North, so landlords in Wildwood face less competition for tenants.

Eltham North is the bigger suburb, with a population of 6,830 against 244, roughly 28 times the size of Wildwood; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Eltham North for rental income, Wildwood 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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Eltham North vs Wildwood: Suburb Comparison 2026