Mudgegonga vs Werribee
Property investment comparison - Mudgegonga, VIC 3737 vs Werribee, VIC 3030
Head-to-head across core investment metrics: Mudgegonga wins 3, Werribee 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 | Mudgegonga | Werribee |
|---|---|---|
| Median house price | $670K | $675K |
| Median unit price | $660K | $475K |
| Gross rental yield (houses) | 4.68% | 3.70% |
| Gross rental yield (units) | 2.81% | 4.45% |
| 1-year house growth | - | +9.2%estimate |
| 3-year house growth | - | - |
| Vacancy rate | 1.7% | 2.4% |
| Population | 184 | 50,027 |
Mudgegonga vs Werribee: what the numbers say
The median house price is $670K in Mudgegonga and $675K in Werribee, so Mudgegonga is the cheaper entry point, with Werribee houses about 1% dearer.
For units, Mudgegonga sits at a median of $660K against $475K in Werribee, which makes Werribee the more affordable unit market and Mudgegonga the pricier one.
On cash flow, Mudgegonga leads: houses there return a gross rental yield of 4.68%, compared with 3.70% in Werribee, a gap of 0.98 percentage points.
Rental vacancy is 1.7% in Mudgegonga and 2.4% in Werribee, so landlords in Mudgegonga face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.
Werribee is the bigger suburb, with a population of 50,027 against 184, roughly 272 times the size of Mudgegonga; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Mudgegonga for rental income, Mudgegonga for a lower purchase price, Mudgegonga 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