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Mildura vs Springdallah

Property investment comparison - Mildura, VIC 3500 vs Springdallah, VIC 3351

Head-to-head across core investment metrics: Mildura wins 1, Springdallah wins 1. 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.

MetricMilduraSpringdallah
Median house price$595K$595K
Median unit price$400K-
Gross rental yield (houses)4.80%4.86%
Gross rental yield (units)5.25%-
1-year house growth+12.8%-
3-year house growth+28.4%-
Vacancy rate2.4%2.9%
Population34,56535

Mildura vs Springdallah: what the numbers say

Houses cost about the same in both suburbs: the median house price is $595K in Mildura and $595K in Springdallah.

On cash flow, Springdallah leads: houses there return a gross rental yield of 4.86%, compared with 4.80% in Mildura, a gap of 0.06 percentage points.

Rental vacancy is 2.4% in Mildura and 2.9% in Springdallah, so landlords in Mildura face less competition for tenants.

Mildura is the bigger suburb, with a population of 34,565 against 35, roughly 988 times the size of Springdallah; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Springdallah for rental income, Mildura 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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Mildura vs Springdallah: Suburb Comparison 2026