Korumburra vs Pine Grove
Property investment comparison - Korumburra, VIC 3950 vs Pine Grove, VIC 3573
Head-to-head across core investment metrics: Korumburra wins 0, Pine Grove 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.
| Metric | Korumburra | Pine Grove |
|---|---|---|
| Median house price | $620K | $620K |
| Median unit price | $450K | - |
| Gross rental yield (houses) | 4.35% | 7.50% |
| Gross rental yield (units) | - | - |
| 1-year house growth | +4.4%estimate | - |
| 3-year house growth | - | - |
| Vacancy rate | 0.7% | - |
| Population | 4,749 | 40 |
Korumburra vs Pine Grove: what the numbers say
Houses cost about the same in both suburbs: the median house price is $620K in Korumburra and $620K in Pine Grove.
On cash flow, Pine Grove leads: houses there return a gross rental yield of 7.50%, compared with 4.35% in Korumburra, a gap of 3.15 percentage points.
Korumburra is the bigger suburb, with a population of 4,749 against 40, roughly 119 times the size of Pine Grove; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Pine Grove for rental income. 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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