Pine Grove vs Wallan
Property investment comparison - Pine Grove, VIC 3573 vs Wallan, VIC 3756
Head-to-head across core investment metrics: Pine Grove wins 1, Wallan 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 | Pine Grove | Wallan |
|---|---|---|
| Median house price | $620K | $620K |
| Median unit price | - | $465K |
| Gross rental yield (houses) | 7.50% | 4.00% |
| Gross rental yield (units) | - | 4.77% |
| 1-year house growth | - | +0.0% |
| 3-year house growth | - | -0.8% |
| Vacancy rate | - | 2.1% |
| Population | 40 | 15,004 |
Pine Grove vs Wallan: what the numbers say
Houses cost about the same in both suburbs: the median house price is $620K in Pine Grove and $620K in Wallan.
On cash flow, Pine Grove leads: houses there return a gross rental yield of 7.50%, compared with 4.00% in Wallan, a gap of 3.50 percentage points.
Wallan is the bigger suburb, with a population of 15,004 against 40, roughly 375 times the size of Pine Grove; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Pine Grove for rental income. 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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