Glengarry vs North Wonthaggi
Property investment comparison - Glengarry, VIC 3854 vs North Wonthaggi, VIC 3995
Head-to-head across core investment metrics: Glengarry wins 1, North Wonthaggi 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.
| Metric | Glengarry | North Wonthaggi |
|---|---|---|
| Median house price | $610K | $610K |
| Median unit price | $425K | - |
| Gross rental yield (houses) | 3.01% | 4.49% |
| Gross rental yield (units) | 3.86% | 5.02% |
| 1-year house growth | +3.6%estimate | +1.6% |
| 3-year house growth | - | -5.6% |
| Vacancy rate | 1.6% | 0.6% |
| Population | 1,113 | 3,475 |
Glengarry vs North Wonthaggi: what the numbers say
Houses cost about the same in both suburbs: the median house price is $610K in Glengarry and $610K in North Wonthaggi.
On cash flow, North Wonthaggi leads: houses there return a gross rental yield of 4.49%, compared with 3.01% in Glengarry, a gap of 1.48 percentage points.
Over the past year house prices moved +3.6% in Glengarry (an estimate) and +1.6% in North Wonthaggi, so recent momentum favours Glengarry, although both suburbs recorded growth.
Rental vacancy is 0.6% in North Wonthaggi and 1.6% in Glengarry, so landlords in North Wonthaggi face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.
North Wonthaggi is the bigger suburb, with a population of 3,475 against 1,113, roughly 3.1 times the size of Glengarry; a larger suburb usually means a deeper pool of buyers and tenants.
In short: North Wonthaggi for rental income, Glengarry for recent price momentum, North Wonthaggi 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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North Wonthaggi, VIC 3995
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