Preston vs Wildwood
Property investment comparison - Preston, VIC 3072 vs Wildwood, VIC 3429
Head-to-head across core investment metrics: Preston wins 5, Wildwood 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 | Preston | Wildwood |
|---|---|---|
| Median house price | $1.2M | $1.2M |
| Median unit price | $625K | $910K |
| Gross rental yield (houses) | 3.07% | 2.45% |
| Gross rental yield (units) | 4.78% | 2.51% |
| 1-year house growth | +3.5% | - |
| 3-year house growth | +6.1% | - |
| Vacancy rate | 1.2% | 2.2% |
| Population | 33,790 | 244 |
Preston vs Wildwood: what the numbers say
The median house price is $1.2M in Preston and $1.2M in Wildwood, so Preston is the cheaper entry point.
For units, Preston sits at a median of $625K against $910K in Wildwood, which makes Preston the more affordable unit market and Wildwood the pricier one.
On cash flow, Preston leads: houses there return a gross rental yield of 3.07%, compared with 2.45% in Wildwood, a gap of 0.62 percentage points.
Rental vacancy is 1.2% in Preston and 2.2% in Wildwood, so landlords in Preston face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.
Preston is the bigger suburb, with a population of 33,790 against 244, roughly 138 times the size of Wildwood; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Preston for rental income, Preston for a lower purchase price, Preston 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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