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Kerang vs Paschendale

Property investment comparison - Kerang, VIC 3579 vs Paschendale, VIC 3315

Head-to-head across core investment metrics: Kerang wins 1, Paschendale 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.

MetricKerangPaschendale
Median house price$330K$330K
Median unit price$220K-
Gross rental yield (houses)5.84%6.80%
Gross rental yield (units)5.20%-
1-year house growth+9.4%estimate-
3-year house growth--
Vacancy rate0.7%1.6%
Population3,96033

Kerang vs Paschendale: what the numbers say

Houses cost about the same in both suburbs: the median house price is $330K in Kerang and $330K in Paschendale.

On cash flow, Paschendale leads: houses there return a gross rental yield of 6.80%, compared with 5.84% in Kerang, a gap of 0.96 percentage points.

Rental vacancy is 0.7% in Kerang and 1.6% in Paschendale, so landlords in Kerang face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Kerang is the bigger suburb, with a population of 3,960 against 33, roughly 120 times the size of Paschendale; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Paschendale for rental income, Kerang 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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