Murrawee vs Wodonga
Property investment comparison - Murrawee, VIC 3586 vs Wodonga, VIC 3690
Head-to-head across core investment metrics: Murrawee wins 2, Wodonga 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 | Murrawee | Wodonga |
|---|---|---|
| Median house price | $645K | $650K |
| Median unit price | $390K | $425K |
| Gross rental yield (houses) | - | 4.46% |
| Gross rental yield (units) | - | 5.30% |
| 1-year house growth | - | +9.9% |
| 3-year house growth | - | +18.8% |
| Vacancy rate | 1.6% | 1.4% |
| Population | 126 | 20,259 |
Murrawee vs Wodonga: what the numbers say
The median house price is $645K in Murrawee and $650K in Wodonga, so Murrawee is the cheaper entry point, with Wodonga houses about 1% dearer.
For units, Murrawee sits at a median of $390K against $425K in Wodonga, which makes Murrawee the more affordable unit market and Wodonga the pricier one.
Rental vacancy is 1.4% in Wodonga and 1.6% in Murrawee, so landlords in Wodonga face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.
Wodonga is the bigger suburb, with a population of 20,259 against 126, roughly 161 times the size of Murrawee; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Murrawee for a lower purchase price, Wodonga 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