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Kolora vs Wallan

Property investment comparison - Kolora, VIC 3265 vs Wallan, VIC 3756

Head-to-head across core investment metrics: Kolora wins 1, Wallan 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.

MetricKoloraWallan
Median house price$620K$620K
Median unit price$245K$465K
Gross rental yield (houses)3.37%4.00%
Gross rental yield (units)4.63%4.77%
1-year house growth-+0.0%
3-year house growth--0.8%
Vacancy rate3.8%2.1%
Population18815,004

Kolora vs Wallan: what the numbers say

Houses cost about the same in both suburbs: the median house price is $620K in Kolora and $620K in Wallan.

For units, Kolora sits at a median of $245K against $465K in Wallan, which makes Kolora the more affordable unit market and Wallan the pricier one.

On cash flow, Wallan leads: houses there return a gross rental yield of 4.00%, compared with 3.37% in Kolora, a gap of 0.63 percentage points.

Rental vacancy is 2.1% in Wallan and 3.8% in Kolora, so landlords in Wallan face less competition for tenants.

Wallan is the bigger suburb, with a population of 15,004 against 188, roughly 80 times the size of Kolora; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Wallan for rental income, Wallan 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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