Lillico vs Werribee South
Property investment comparison - Lillico, VIC 3820 vs Werribee South, VIC 3030
Head-to-head across core investment metrics: Lillico wins 1, Werribee South 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 | Lillico | Werribee South |
|---|---|---|
| Median house price | $850K | $850K |
| Median unit price | $420K | $410K |
| Gross rental yield (houses) | 3.64% | 3.52% |
| Gross rental yield (units) | 5.09% | - |
| 1-year house growth | - | -6.6%estimate |
| 3-year house growth | - | - |
| Vacancy rate | 1.8% | 1.6% |
| Population | 94 | 2,392 |
Lillico vs Werribee South: what the numbers say
Houses cost about the same in both suburbs: the median house price is $850K in Lillico and $850K in Werribee South.
For units, Lillico sits at a median of $420K against $410K in Werribee South, which makes Werribee South the more affordable unit market and Lillico the pricier one.
On cash flow, Lillico leads: houses there return a gross rental yield of 3.64%, compared with 3.52% in Werribee South, a gap of 0.12 percentage points.
Rental vacancy is 1.6% in Werribee South and 1.8% in Lillico, so landlords in Werribee South face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.
Werribee South is the bigger suburb, with a population of 2,392 against 94, roughly 25 times the size of Lillico; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Lillico for rental income, Werribee South 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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Werribee South, VIC 3030
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