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Giffard vs Mildura

Property investment comparison - Giffard, VIC 3851 vs Mildura, VIC 3500

Head-to-head across core investment metrics: Giffard wins 0, Mildura 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.

MetricGiffardMildura
Median house price$595K$595K
Median unit price-$400K
Gross rental yield (houses)3.95%4.80%
Gross rental yield (units)-5.25%
1-year house growth-+12.8%
3-year house growth-+28.4%
Vacancy rate26.4%2.4%
Population7334,565

Giffard vs Mildura: what the numbers say

Houses cost about the same in both suburbs: the median house price is $595K in Giffard and $595K in Mildura.

On cash flow, Mildura leads: houses there return a gross rental yield of 4.80%, compared with 3.95% in Giffard, a gap of 0.85 percentage points.

Rental vacancy is 2.4% in Mildura and 26.4% in Giffard, so landlords in Mildura face less competition for tenants.

Mildura is the bigger suburb, with a population of 34,565 against 73, roughly 473 times the size of Giffard; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Mildura for rental income, Mildura 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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