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Newtown vs Wantirna

Property investment comparison - Newtown, VIC 3220 vs Wantirna, VIC 3152

Head-to-head across core investment metrics: Newtown wins 3, Wantirna 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.

MetricNewtownWantirna
Median house price$1.1M$1.1M
Median unit price$580K$745K
Gross rental yield (houses)2.96%-
Gross rental yield (units)4.25%4.30%
1-year house growth+3.8%-0.7%estimate
3-year house growth-9.9%-
Vacancy rate0.8%2.5%
Population10,44514,237

Newtown vs Wantirna: what the numbers say

The median house price is $1.1M in Newtown and $1.1M in Wantirna, so Wantirna is the cheaper entry point, with Newtown houses about 1% dearer.

For units, Newtown sits at a median of $580K against $745K in Wantirna, which makes Newtown the more affordable unit market and Wantirna the pricier one.

Over the past year house prices moved +3.8% in Newtown and -0.7% in Wantirna (an estimate), so recent momentum favours Newtown, while Wantirna went backwards.

Rental vacancy is 0.8% in Newtown and 2.5% in Wantirna, so landlords in Newtown face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Wantirna is the bigger suburb, with a population of 14,237 against 10,445, larger than Newtown; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Wantirna for a lower purchase price, Newtown for recent price momentum, Newtown for the tighter rental market. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.

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