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Heathmont vs Wahring

Property investment comparison - Heathmont, VIC 3135 vs Wahring, VIC 3608

Head-to-head across core investment metrics: Heathmont wins 2, Wahring wins 3. 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.

MetricHeathmontWahring
Median house price$1.1M$1.1M
Median unit price$770K$510K
Gross rental yield (houses)3.26%2.90%
Gross rental yield (units)3.92%4.98%
1-year house growth-0.1%estimate-0.1%estimate
3-year house growth--4.6%
Vacancy rate1.0%1.5%
Population9,93388

Heathmont vs Wahring: what the numbers say

The median house price is $1.1M in Heathmont and $1.1M in Wahring, so Wahring is the cheaper entry point.

For units, Heathmont sits at a median of $770K against $510K in Wahring, which makes Wahring the more affordable unit market and Heathmont the pricier one.

On cash flow, Heathmont leads: houses there return a gross rental yield of 3.26%, compared with 2.90% in Wahring, a gap of 0.36 percentage points.

Over the past year house prices moved -0.1% in both suburbs (an estimate).

Rental vacancy is 1.0% in Heathmont and 1.5% in Wahring, so landlords in Heathmont face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Heathmont is the bigger suburb, with a population of 9,933 against 88, roughly 113 times the size of Wahring; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Heathmont for rental income, Wahring for a lower purchase price, Heathmont 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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