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Nagambie vs Peterborough

Property investment comparison - Nagambie, VIC 3608 vs Peterborough, VIC 3270

Head-to-head across core investment metrics: Nagambie wins 3, Peterborough 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.

MetricNagambiePeterborough
Median house price$640K$640K
Median unit price$510K$385K
Gross rental yield (houses)4.90%4.06%
Gross rental yield (units)4.98%2.78%
1-year house growth+3.2%-5.2%estimate
3-year house growth-10.1%-
Vacancy rate1.4%-
Population2,254322

Nagambie vs Peterborough: what the numbers say

Houses cost about the same in both suburbs: the median house price is $640K in Nagambie and $640K in Peterborough.

For units, Nagambie sits at a median of $510K against $385K in Peterborough, which makes Peterborough the more affordable unit market and Nagambie the pricier one.

On cash flow, Nagambie leads: houses there return a gross rental yield of 4.90%, compared with 4.06% in Peterborough, a gap of 0.84 percentage points.

Over the past year house prices moved +3.2% in Nagambie and -5.2% in Peterborough (an estimate), so recent momentum favours Nagambie, while Peterborough went backwards.

Nagambie is the bigger suburb, with a population of 2,254 against 322, roughly 7 times the size of Peterborough; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Nagambie for rental income, Nagambie for recent price momentum. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.

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