Jackass Flat vs Winchelsea

Houses cost about the same in both suburbs: the median house price is $650K in Jackass Flat and $650K in Winchelsea.

On cash flow, Jackass Flat leads: houses there return a gross rental yield of 4.64%, compared with 3.80% in Winchelsea, a gap of 0.84 percentage points.

Over the past year house prices moved +13.5% in Jackass Flat and +2.9% in Winchelsea, so recent momentum favours Jackass Flat, although both suburbs recorded growth.

Looking back three years, Jackass Flat houses are +26.2% and Winchelsea houses -1.5%, so Jackass Flat has compounded faster than Winchelsea over the longer window.

Rental vacancy is 0.4% in Winchelsea and 0.8% in Jackass Flat, so landlords in Winchelsea face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Winchelsea is the bigger suburb, with a population of 2,456 against 1,907, larger than Jackass Flat; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Jackass Flat for rental income, Jackass Flat for recent price momentum, Winchelsea for the tighter rental market. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.