Pelluebla vs Wendouree
Property investment comparison - Pelluebla, VIC 3727 vs Wendouree, VIC 3355
Head-to-head across core investment metrics: Pelluebla wins 1, Wendouree 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 | Pelluebla | Wendouree |
|---|---|---|
| Median house price | $535K | $540K |
| Median unit price | - | $365K |
| Gross rental yield (houses) | 2.51% | 3.96% |
| Gross rental yield (units) | - | 4.49% |
| 1-year house growth | - | +18.4% |
| 3-year house growth | - | +11.7% |
| Vacancy rate | 16.5% | 1.0% |
| Population | 29 | 10,376 |
Pelluebla vs Wendouree: what the numbers say
The median house price is $535K in Pelluebla and $540K in Wendouree, so Pelluebla is the cheaper entry point, with Wendouree houses about 1% dearer.
On cash flow, Wendouree leads: houses there return a gross rental yield of 3.96%, compared with 2.51% in Pelluebla, a gap of 1.45 percentage points.
Rental vacancy is 1.0% in Wendouree and 16.5% in Pelluebla, so landlords in Wendouree face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.
Wendouree is the bigger suburb, with a population of 10,376 against 29, roughly 358 times the size of Pelluebla; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Wendouree for rental income, Pelluebla for a lower purchase price, Wendouree 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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