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Everton Upper vs Tootgarook

Property investment comparison - Everton Upper, VIC 3678 vs Tootgarook, VIC 3941

Head-to-head across core investment metrics: Everton Upper wins 2, Tootgarook 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.

MetricEverton UpperTootgarook
Median house price$890K$885K
Median unit price$165K-
Gross rental yield (houses)4.37%3.44%
Gross rental yield (units)7.95%4.80%
1-year house growth--0.7%estimate
3-year house growth--
Vacancy rate2.1%1.5%
Population1543,178

Everton Upper vs Tootgarook: what the numbers say

The median house price is $890K in Everton Upper and $885K in Tootgarook, so Tootgarook is the cheaper entry point, with Everton Upper houses about 1% dearer.

On cash flow, Everton Upper leads: houses there return a gross rental yield of 4.37%, compared with 3.44% in Tootgarook, a gap of 0.93 percentage points.

Rental vacancy is 1.5% in Tootgarook and 2.1% in Everton Upper, so landlords in Tootgarook face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Tootgarook is the bigger suburb, with a population of 3,178 against 154, roughly 21 times the size of Everton Upper; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Everton Upper for rental income, Tootgarook for a lower purchase price, Tootgarook 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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