Kallista vs Wandong
Property investment comparison - Kallista, VIC 3791 vs Wandong, VIC 3758
Head-to-head across core investment metrics: Kallista wins 2, Wandong 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.
| Metric | Kallista | Wandong |
|---|---|---|
| Median house price | $1.0M | $1M |
| Median unit price | $1.2M | - |
| Gross rental yield (houses) | 3.23% | 2.89% |
| Gross rental yield (units) | 1.87% | 4.92% |
| 1-year house growth | -0.9%estimate | +5.3% |
| 3-year house growth | - | -10.6% |
| Vacancy rate | 1.8% | 4.1% |
| Population | 1,418 | 1,477 |
Kallista vs Wandong: what the numbers say
The median house price is $1.0M in Kallista and $1M in Wandong, so Wandong is the cheaper entry point, with Kallista houses about 1% dearer.
On cash flow, Kallista leads: houses there return a gross rental yield of 3.23%, compared with 2.89% in Wandong, a gap of 0.34 percentage points.
Over the past year house prices moved -0.9% in Kallista (an estimate) and +5.3% in Wandong, so recent momentum favours Wandong, while Kallista went backwards.
Rental vacancy is 1.8% in Kallista and 4.1% in Wandong, so landlords in Kallista face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.
Wandong is the bigger suburb, with a population of 1,477 against 1,418, larger than Kallista; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Kallista for rental income, Wandong for a lower purchase price, Wandong for recent price momentum, Kallista 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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