Millbrook vs Yallambie
Property investment comparison - Millbrook, VIC 3352 vs Yallambie, VIC 3085
Head-to-head across core investment metrics: Millbrook wins 0, Yallambie 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 | Millbrook | Yallambie |
|---|---|---|
| Median house price | $1.0M | $1.0M |
| Median unit price | $415K | - |
| Gross rental yield (houses) | 2.53% | 3.40% |
| Gross rental yield (units) | 4.46% | - |
| 1-year house growth | - | -1.0% |
| 3-year house growth | - | +8.4% |
| Vacancy rate | 1.9% | 0.1% |
| Population | 180 | 4,161 |
Millbrook vs Yallambie: what the numbers say
Houses cost about the same in both suburbs: the median house price is $1.0M in Millbrook and $1.0M in Yallambie.
On cash flow, Yallambie leads: houses there return a gross rental yield of 3.40%, compared with 2.53% in Millbrook, a gap of 0.87 percentage points.
Rental vacancy is 0.1% in Yallambie and 1.9% in Millbrook, so landlords in Yallambie face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.
Yallambie is the bigger suburb, with a population of 4,161 against 180, roughly 23 times the size of Millbrook; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Yallambie for rental income, Yallambie 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
Compare any 2-4 Australian suburbs
Build your own multi-suburb comparison with the full interactive tool.
Open interactive comparison