Peterborough vs Wodonga
Property investment comparison - Peterborough, VIC 3270 vs Wodonga, VIC 3690
Head-to-head across core investment metrics: Peterborough wins 2, Wodonga wins 3. 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 | Peterborough | Wodonga |
|---|---|---|
| Median house price | $640K | $645K |
| Median unit price | $385K | $415K |
| Gross rental yield (houses) | 4.06% | 4.40% |
| Gross rental yield (units) | 2.78% | 5.33% |
| 1-year house growth | -5.2%estimate | +12.3% |
| 3-year house growth | - | +18.4% |
| Vacancy rate | - | 1.4% |
| Population | 322 | 20,259 |
Peterborough vs Wodonga: what the numbers say
The median house price is $640K in Peterborough and $645K in Wodonga, so Peterborough is the cheaper entry point, with Wodonga houses about 1% dearer.
For units, Peterborough sits at a median of $385K against $415K in Wodonga, which makes Peterborough the more affordable unit market and Wodonga the pricier one.
On cash flow, Wodonga leads: houses there return a gross rental yield of 4.40%, compared with 4.06% in Peterborough, a gap of 0.34 percentage points.
Over the past year house prices moved -5.2% in Peterborough (an estimate) and +12.3% in Wodonga, so recent momentum favours Wodonga, while Peterborough went backwards.
Wodonga is the bigger suburb, with a population of 20,259 against 322, roughly 63 times the size of Peterborough; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Wodonga for rental income, Peterborough for a lower purchase price, Wodonga for recent price momentum. 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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