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McCrae vs Whitelaw

Property investment comparison - McCrae, VIC 3938 vs Whitelaw, VIC 3950

Head-to-head across core investment metrics: McCrae wins 2, Whitelaw 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.

MetricMcCraeWhitelaw
Median house price$1.2M$1.2M
Median unit price$785K$460K
Gross rental yield (houses)3.38%2.45%
Gross rental yield (units)4.30%4.27%
1-year house growth-7.5%-
3-year house growth-9.4%-
Vacancy rate4.4%0.5%
Population3,31130

McCrae vs Whitelaw: what the numbers say

Houses cost about the same in both suburbs: the median house price is $1.2M in McCrae and $1.2M in Whitelaw.

For units, McCrae sits at a median of $785K against $460K in Whitelaw, which makes Whitelaw the more affordable unit market and McCrae the pricier one.

On cash flow, McCrae leads: houses there return a gross rental yield of 3.38%, compared with 2.45% in Whitelaw, a gap of 0.93 percentage points.

Rental vacancy is 0.5% in Whitelaw and 4.4% in McCrae, so landlords in Whitelaw face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

McCrae is the bigger suburb, with a population of 3,311 against 30, roughly 110 times the size of Whitelaw; a larger suburb usually means a deeper pool of buyers and tenants.

In short: McCrae for rental income, Whitelaw 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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