Lake Boga vs Pimpinio
Property investment comparison - Lake Boga, VIC 3584 vs Pimpinio, VIC 3401
Head-to-head across core investment metrics: Lake Boga wins 3, Pimpinio 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 | Lake Boga | Pimpinio |
|---|---|---|
| Median house price | $370K | $395K |
| Median unit price | $415K | $375K |
| Gross rental yield (houses) | 5.83% | 2.41% |
| Gross rental yield (units) | 5.87% | 3.28% |
| 1-year house growth | +7.9%estimate | - |
| 3-year house growth | - | - |
| Vacancy rate | 1.1% | - |
| Population | 982 | 191 |
Lake Boga vs Pimpinio: what the numbers say
The median house price is $370K in Lake Boga and $395K in Pimpinio, so Lake Boga is the cheaper entry point, with Pimpinio houses about 7% dearer.
For units, Lake Boga sits at a median of $415K against $375K in Pimpinio, which makes Pimpinio the more affordable unit market and Lake Boga the pricier one.
On cash flow, Lake Boga leads: houses there return a gross rental yield of 5.83%, compared with 2.41% in Pimpinio, a gap of 3.42 percentage points.
Lake Boga is the bigger suburb, with a population of 982 against 191, roughly 5 times the size of Pimpinio; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Lake Boga for rental income, Lake Boga for a lower purchase price. 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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