Howqua vs Longwarry
Property investment comparison - Howqua, VIC 3723 vs Longwarry, VIC 3816
Head-to-head across core investment metrics: Howqua wins 1, Longwarry wins 1. 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 | Howqua | Longwarry |
|---|---|---|
| Median house price | $630K | $630K |
| Median unit price | - | $525K |
| Gross rental yield (houses) | 4.90% | 4.48% |
| Gross rental yield (units) | - | 4.57% |
| 1-year house growth | - | +6.0% |
| 3-year house growth | - | +9.4% |
| Vacancy rate | 13.5% | 0.8% |
| Population | 158 | 2,436 |
Howqua vs Longwarry: what the numbers say
Houses cost about the same in both suburbs: the median house price is $630K in Howqua and $630K in Longwarry.
On cash flow, Howqua leads: houses there return a gross rental yield of 4.90%, compared with 4.48% in Longwarry, a gap of 0.42 percentage points.
Rental vacancy is 0.8% in Longwarry and 13.5% in Howqua, so landlords in Longwarry face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.
Longwarry is the bigger suburb, with a population of 2,436 against 158, roughly 15 times the size of Howqua; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Howqua for rental income, Longwarry 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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