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Fyansford vs Wirrate

Property investment comparison - Fyansford, VIC 3218 vs Wirrate, VIC 3608

Head-to-head across core investment metrics: Fyansford wins 1, Wirrate wins 3. 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.

MetricFyansfordWirrate
Median house price$915K$915K
Median unit price$665K$505K
Gross rental yield (houses)3.70%3.37%
Gross rental yield (units)4.19%4.81%
1-year house growth-4.7%estimate-
3-year house growth--
Vacancy rate2.6%1.4%
Population1,2063

Fyansford vs Wirrate: what the numbers say

Houses cost about the same in both suburbs: the median house price is $915K in Fyansford and $915K in Wirrate.

For units, Fyansford sits at a median of $665K against $505K in Wirrate, which makes Wirrate the more affordable unit market and Fyansford the pricier one.

On cash flow, Fyansford leads: houses there return a gross rental yield of 3.70%, compared with 3.37% in Wirrate, a gap of 0.33 percentage points.

Rental vacancy is 1.4% in Wirrate and 2.6% in Fyansford, so landlords in Wirrate face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Fyansford is the bigger suburb, with a population of 1,206 against 3, roughly 402 times the size of Wirrate; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Fyansford for rental income, Wirrate 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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