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Ercildoune vs Wodonga

Property investment comparison - Ercildoune, VIC 3352 vs Wodonga, VIC 3690

Head-to-head across core investment metrics: Ercildoune wins 0, Wodonga 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.

MetricErcildouneWodonga
Median house price$645K$645K
Median unit price-$415K
Gross rental yield (houses)4.05%4.40%
Gross rental yield (units)-5.33%
1-year house growth-+12.3%
3-year house growth-+18.4%
Vacancy rate1.7%1.4%
Population9020,259

Ercildoune vs Wodonga: what the numbers say

Houses cost about the same in both suburbs: the median house price is $645K in Ercildoune and $645K in Wodonga.

On cash flow, Wodonga leads: houses there return a gross rental yield of 4.40%, compared with 4.05% in Ercildoune, a gap of 0.35 percentage points.

Rental vacancy is 1.4% in Wodonga and 1.7% in Ercildoune, so landlords in Wodonga face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Wodonga is the bigger suburb, with a population of 20,259 against 90, roughly 225 times the size of Ercildoune; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Wodonga for rental income, Wodonga 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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