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Goongerah vs Rushworth

Property investment comparison - Goongerah, VIC 3888 vs Rushworth, VIC 3612

Head-to-head across core investment metrics: Goongerah wins 2, Rushworth wins 0. 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.

MetricGoongerahRushworth
Median house price$370K$370K
Median unit price-$310K
Gross rental yield (houses)5.99%5.33%
Gross rental yield (units)-3.09%
1-year house growth-+5.8%
3-year house growth--8.0%
Vacancy rate0.8%1.8%
Population311,411

Goongerah vs Rushworth: what the numbers say

Houses cost about the same in both suburbs: the median house price is $370K in Goongerah and $370K in Rushworth.

On cash flow, Goongerah leads: houses there return a gross rental yield of 5.99%, compared with 5.33% in Rushworth, a gap of 0.66 percentage points.

Rental vacancy is 0.8% in Goongerah and 1.8% in Rushworth, so landlords in Goongerah face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Rushworth is the bigger suburb, with a population of 1,411 against 31, roughly 46 times the size of Goongerah; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Goongerah for rental income, Goongerah 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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