Redan vs Weerite
Property investment comparison - Redan, VIC 3350 vs Weerite, VIC 3260
Head-to-head across core investment metrics: Redan wins 0, Weerite wins 1. 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 | Redan | Weerite |
|---|---|---|
| Median house price | $510K | $510K |
| Median unit price | $380K | - |
| Gross rental yield (houses) | 4.10% | - |
| Gross rental yield (units) | - | - |
| 1-year house growth | +16.4% | - |
| 3-year house growth | +5.2% | - |
| Vacancy rate | 0.9% | 0.4% |
| Population | 3,000 | 121 |
Redan vs Weerite: what the numbers say
Houses cost about the same in both suburbs: the median house price is $510K in Redan and $510K in Weerite.
Rental vacancy is 0.4% in Weerite and 0.9% in Redan, so landlords in Weerite face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.
Redan is the bigger suburb, with a population of 3,000 against 121, roughly 25 times the size of Weerite; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Weerite 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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