Glenlee vs Warragul
Property investment comparison - Glenlee, VIC 3418 vs Warragul, VIC 3820
Head-to-head across core investment metrics: Glenlee wins 3, Warragul wins 1. 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 | Warragul |
|---|---|---|
| Median house price | $695K | $695K |
| Median unit price | $185K | $450K |
| Gross rental yield (houses) | 2.78% | 4.50% |
| Gross rental yield (units) | 5.48% | 4.80% |
| 1-year house growth | - | +8.1% |
| 3-year house growth | - | +4.7% |
| Vacancy rate | 0.3% | 1.9% |
| Population | 71 | 19,856 |
Glenlee vs Warragul: what the numbers say
Houses cost about the same in both suburbs: the median house price is $695K in Glenlee and $695K in Warragul.
For units, Glenlee sits at a median of $185K against $450K in Warragul, which makes Glenlee the more affordable unit market and Warragul the pricier one.
On cash flow, Warragul leads: houses there return a gross rental yield of 4.50%, compared with 2.78% in Glenlee, a gap of 1.72 percentage points.
Rental vacancy is 0.3% in Glenlee and 1.9% in Warragul, so landlords in Glenlee face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.
Warragul is the bigger suburb, with a population of 19,856 against 71, roughly 280 times the size of Glenlee; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Warragul for rental income, Glenlee 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
Compare any 2-4 Australian suburbs
Build your own multi-suburb comparison with the full interactive tool.
Open interactive comparison