Maffra vs Toolleen
Property investment comparison - Maffra, VIC 3860 vs Toolleen, VIC 3551
Head-to-head across core investment metrics: Maffra wins 1, Toolleen 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 | Maffra | Toolleen |
|---|---|---|
| Median house price | $500K | $495K |
| Median unit price | $360K | $460K |
| Gross rental yield (houses) | 4.98% | - |
| Gross rental yield (units) | - | 5.60% |
| 1-year house growth | +12.5% | - |
| 3-year house growth | +10.6% | - |
| Vacancy rate | 1.5% | 0.9% |
| Population | 5,384 | 221 |
Maffra vs Toolleen: what the numbers say
The median house price is $500K in Maffra and $495K in Toolleen, so Toolleen is the cheaper entry point, with Maffra houses about 1% dearer.
For units, Maffra sits at a median of $360K against $460K in Toolleen, which makes Maffra the more affordable unit market and Toolleen the pricier one.
Rental vacancy is 0.9% in Toolleen and 1.5% in Maffra, so landlords in Toolleen face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.
Maffra is the bigger suburb, with a population of 5,384 against 221, roughly 24 times the size of Toolleen; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Toolleen for a lower purchase price, Toolleen 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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