Graytown vs Wodonga
Property investment comparison - Graytown, VIC 3608 vs Wodonga, VIC 3690
Head-to-head across core investment metrics: Graytown wins 3, Wodonga 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 | Graytown | Wodonga |
|---|---|---|
| Median house price | $640K | $645K |
| Median unit price | $345K | $415K |
| Gross rental yield (houses) | 4.38% | 4.40% |
| Gross rental yield (units) | - | 5.33% |
| 1-year house growth | - | +12.3% |
| 3-year house growth | - | +18.4% |
| Vacancy rate | 1.3% | 1.4% |
| Population | 60 | 20,259 |
Graytown vs Wodonga: what the numbers say
The median house price is $640K in Graytown and $645K in Wodonga, so Graytown is the cheaper entry point, with Wodonga houses about 1% dearer.
For units, Graytown sits at a median of $345K against $415K in Wodonga, which makes Graytown the more affordable unit market and Wodonga the pricier one.
Gross rental yield on houses is effectively level, at 4.38% in Graytown and 4.40% in Wodonga, so neither suburb has a cash flow edge on houses.
Rental vacancy is the same in both, at 1.3%.
Wodonga is the bigger suburb, with a population of 20,259 against 60, roughly 338 times the size of Graytown; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Graytown for a lower purchase price. 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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