Newcomb vs Wannon
Property investment comparison - Newcomb, VIC 3219 vs Wannon, VIC 3301
Head-to-head across core investment metrics: Newcomb wins 2, Wannon wins 0. 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 | Newcomb | Wannon |
|---|---|---|
| Median house price | $645K | $645K |
| Median unit price | $510K | - |
| Gross rental yield (houses) | 3.95% | 3.35% |
| Gross rental yield (units) | 4.40% | - |
| 1-year house growth | +11.7% | - |
| 3-year house growth | +11.0% | - |
| Vacancy rate | 1.6% | 14.2% |
| Population | 4,704 | 124 |
Newcomb vs Wannon: what the numbers say
Houses cost about the same in both suburbs: the median house price is $645K in Newcomb and $645K in Wannon.
On cash flow, Newcomb leads: houses there return a gross rental yield of 3.95%, compared with 3.35% in Wannon, a gap of 0.60 percentage points.
Rental vacancy is 1.6% in Newcomb and 14.2% in Wannon, so landlords in Newcomb face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.
Newcomb is the bigger suburb, with a population of 4,704 against 124, roughly 38 times the size of Wannon; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Newcomb for rental income, Newcomb 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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