Hallam vs Wonyip
Property investment comparison - Hallam, VIC 3803 vs Wonyip, VIC 3962
Head-to-head across core investment metrics: Hallam wins 2, Wonyip 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.
| Metric | Hallam | Wonyip |
|---|---|---|
| Median house price | $805K | $805K |
| Median unit price | $625K | - |
| Gross rental yield (houses) | 3.68% | 2.61% |
| Gross rental yield (units) | 4.40% | - |
| 1-year house growth | +7.7%estimate | - |
| 3-year house growth | - | - |
| Vacancy rate | 1.0% | 2.2% |
| Population | 11,355 | 39 |
Hallam vs Wonyip: what the numbers say
Houses cost about the same in both suburbs: the median house price is $805K in Hallam and $805K in Wonyip.
On cash flow, Hallam leads: houses there return a gross rental yield of 3.68%, compared with 2.61% in Wonyip, a gap of 1.07 percentage points.
Rental vacancy is 1.0% in Hallam and 2.2% in Wonyip, so landlords in Hallam face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.
Hallam is the bigger suburb, with a population of 11,355 against 39, roughly 291 times the size of Wonyip; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Hallam for rental income, Hallam 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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