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Hepburn Springs vs Oxley Flats

Property investment comparison - Hepburn Springs, VIC 3461 vs Oxley Flats, VIC 3678

Head-to-head across core investment metrics: Hepburn Springs wins 1, Oxley Flats 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.

MetricHepburn SpringsOxley Flats
Median house price$760K$760K
Median unit price$500K-
Gross rental yield (houses)3.70%-
Gross rental yield (units)4.54%-
1-year house growth+0.6%-
3-year house growth-3.2%-
Vacancy rate1.2%2.9%
Population36849

Hepburn Springs vs Oxley Flats: what the numbers say

Houses cost about the same in both suburbs: the median house price is $760K in Hepburn Springs and $760K in Oxley Flats.

Rental vacancy is 1.2% in Hepburn Springs and 2.9% in Oxley Flats, so landlords in Hepburn Springs face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Hepburn Springs is the bigger suburb, with a population of 368 against 49, roughly 8 times the size of Oxley Flats; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Hepburn Springs 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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