Glenlee vs Warburton
Property investment comparison - Glenlee, VIC 3418 vs Warburton, VIC 3799
Head-to-head across core investment metrics: Glenlee wins 2, Warburton 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.
| Metric | Glenlee | Warburton |
|---|---|---|
| Median house price | $695K | $695K |
| Median unit price | $185K | $405K |
| Gross rental yield (houses) | 2.78% | 4.22% |
| Gross rental yield (units) | 5.48% | 3.51% |
| 1-year house growth | - | +0.4% |
| 3-year house growth | - | +0.0% |
| Vacancy rate | 0.3% | 0.3% |
| Population | 71 | 2,020 |
Glenlee vs Warburton: what the numbers say
Houses cost about the same in both suburbs: the median house price is $695K in Glenlee and $695K in Warburton.
For units, Glenlee sits at a median of $185K against $405K in Warburton, which makes Glenlee the more affordable unit market and Warburton the pricier one.
On cash flow, Warburton leads: houses there return a gross rental yield of 4.22%, compared with 2.78% in Glenlee, a gap of 1.44 percentage points.
Rental vacancy is 0.3% in Warburton and 0.3% in Glenlee, so landlords in Warburton face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.
Warburton is the bigger suburb, with a population of 2,020 against 71, roughly 28 times the size of Glenlee; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Warburton for rental income, Warburton for the tighter rental market. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.
Keep exploring
- National investment guide - top suburbs across every metric
- Take the suburb finder quiz - 5 questions to match your goals
- How our investment score works
- Property investment glossary - every term defined
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