Hallam vs Yelta
Property investment comparison - Hallam, VIC 3803 vs Yelta, VIC 3505
Head-to-head across core investment metrics: Hallam wins 2, Yelta 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 | Hallam | Yelta |
|---|---|---|
| Median house price | $805K | $805K |
| Median unit price | $625K | $350K |
| Gross rental yield (houses) | 3.68% | 2.25% |
| Gross rental yield (units) | 4.40% | 5.19% |
| 1-year house growth | +7.7%estimate | - |
| 3-year house growth | - | - |
| Vacancy rate | 1.0% | 1.4% |
| Population | 11,355 | 325 |
Hallam vs Yelta: what the numbers say
Houses cost about the same in both suburbs: the median house price is $805K in Hallam and $805K in Yelta.
For units, Hallam sits at a median of $625K against $350K in Yelta, which makes Yelta the more affordable unit market and Hallam the pricier one.
On cash flow, Hallam leads: houses there return a gross rental yield of 3.68%, compared with 2.25% in Yelta, a gap of 1.43 percentage points.
Rental vacancy is 1.0% in Hallam and 1.4% in Yelta, 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 325, roughly 35 times the size of Yelta; 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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