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McCrae vs Torrumbarry

Property investment comparison - McCrae, VIC 3938 vs Torrumbarry, VIC 3562

Head-to-head across core investment metrics: McCrae wins 0, Torrumbarry wins 4. 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.

MetricMcCraeTorrumbarry
Median house price$1.2M$1.2M
Median unit price$785K$725K
Gross rental yield (houses)3.38%5.17%
Gross rental yield (units)4.30%-
1-year house growth-7.5%-
3-year house growth-9.4%-
Vacancy rate4.4%4.2%
Population3,311257

McCrae vs Torrumbarry: what the numbers say

The median house price is $1.2M in McCrae and $1.2M in Torrumbarry, so Torrumbarry is the cheaper entry point, with McCrae houses about 1% dearer.

For units, McCrae sits at a median of $785K against $725K in Torrumbarry, which makes Torrumbarry the more affordable unit market and McCrae the pricier one.

On cash flow, Torrumbarry leads: houses there return a gross rental yield of 5.17%, compared with 3.38% in McCrae, a gap of 1.79 percentage points.

Rental vacancy is 4.2% in Torrumbarry and 4.4% in McCrae, so landlords in Torrumbarry face less competition for tenants.

McCrae is the bigger suburb, with a population of 3,311 against 257, roughly 13 times the size of Torrumbarry; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Torrumbarry for rental income, Torrumbarry for a lower purchase price, Torrumbarry 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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