Keysborough vs Wandong
Property investment comparison - Keysborough, VIC 3173 vs Wandong, VIC 3758
Head-to-head across core investment metrics: Keysborough wins 2, Wandong wins 2. 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 | Keysborough | Wandong |
|---|---|---|
| Median house price | $1M | $1M |
| Median unit price | $710K | - |
| Gross rental yield (houses) | - | 2.89% |
| Gross rental yield (units) | 4.90% | 4.92% |
| 1-year house growth | +3.2% | +5.3% |
| 3-year house growth | +9.6% | -10.6% |
| Vacancy rate | 1.4% | 4.1% |
| Population | 30,018 | 1,477 |
Keysborough vs Wandong: what the numbers say
Houses cost about the same in both suburbs: the median house price is $1M in Keysborough and $1M in Wandong.
Over the past year house prices moved +3.2% in Keysborough and +5.3% in Wandong, so recent momentum favours Wandong, although both suburbs recorded growth.
Looking back three years, Keysborough houses are +9.6% and Wandong houses -10.6%, so Keysborough has compounded faster than Wandong over the longer window.
Rental vacancy is 1.4% in Keysborough and 4.1% in Wandong, so landlords in Keysborough face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.
Keysborough is the bigger suburb, with a population of 30,018 against 1,477, roughly 20 times the size of Wandong; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Wandong for recent price momentum, Keysborough 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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