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Hawkesdale vs Rushworth

Property investment comparison - Hawkesdale, VIC 3287 vs Rushworth, VIC 3612

Head-to-head across core investment metrics: Hawkesdale wins 1, Rushworth wins 4. 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.

MetricHawkesdaleRushworth
Median house price$385K$370K
Median unit price$355K$310K
Gross rental yield (houses)4.92%5.33%
Gross rental yield (units)4.51%3.09%
1-year house growth-+5.8%
3-year house growth--8.0%
Vacancy rate6.9%1.8%
Population3111,411

Hawkesdale vs Rushworth: what the numbers say

The median house price is $385K in Hawkesdale and $370K in Rushworth, so Rushworth is the cheaper entry point, with Hawkesdale houses about 4% dearer.

For units, Hawkesdale sits at a median of $355K against $310K in Rushworth, which makes Rushworth the more affordable unit market and Hawkesdale the pricier one.

On cash flow, Rushworth leads: houses there return a gross rental yield of 5.33%, compared with 4.92% in Hawkesdale, a gap of 0.41 percentage points.

Rental vacancy is 1.8% in Rushworth and 6.9% in Hawkesdale, so landlords in Rushworth 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 311, roughly 4.5 times the size of Hawkesdale; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Rushworth for rental income, Rushworth for a lower purchase price, Rushworth 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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