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.
| Metric | Mildura | Springdallah |
|---|---|---|
| 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 rate | 2.4% | 2.9% |
| Population | 34,565 | 35 |
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.
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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