Lyons vs Wedderburn
Property investment comparison - Lyons, VIC 3304 vs Wedderburn, VIC 3518
Head-to-head across core investment metrics: Lyons wins 3, Wedderburn wins 0. 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 | Lyons | Wedderburn |
|---|---|---|
| Median house price | $345K | $350K |
| Median unit price | - | $395K |
| Gross rental yield (houses) | 6.56% | 4.98% |
| Gross rental yield (units) | - | 2.25% |
| 1-year house growth | - | +23.1% |
| 3-year house growth | - | +16.7% |
| Vacancy rate | 0.8% | 3.3% |
| Population | 31 | 951 |
Lyons vs Wedderburn: what the numbers say
The median house price is $345K in Lyons and $350K in Wedderburn, so Lyons is the cheaper entry point, with Wedderburn houses about 1% dearer.
On cash flow, Lyons leads: houses there return a gross rental yield of 6.56%, compared with 4.98% in Wedderburn, a gap of 1.58 percentage points.
Rental vacancy is 0.8% in Lyons and 3.3% in Wedderburn, so landlords in Lyons face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.
Wedderburn is the bigger suburb, with a population of 951 against 31, roughly 31 times the size of Lyons; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Lyons for rental income, Lyons for a lower purchase price, Lyons 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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