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Redesdale vs Wandong

Property investment comparison - Redesdale, VIC 3444 vs Wandong, VIC 3758

Head-to-head across core investment metrics: Redesdale wins 4, Wandong 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.

MetricRedesdaleWandong
Median house price$1M$1M
Median unit price$480K-
Gross rental yield (houses)-2.89%
Gross rental yield (units)5.19%4.92%
1-year house growth+7.8%+5.3%
3-year house growth+30.1%-10.6%
Vacancy rate3.7%4.1%
Population2991,477

Redesdale vs Wandong: what the numbers say

Houses cost about the same in both suburbs: the median house price is $1M in Redesdale and $1M in Wandong.

Over the past year house prices moved +7.8% in Redesdale and +5.3% in Wandong, so recent momentum favours Redesdale, although both suburbs recorded growth.

Looking back three years, Redesdale houses are +30.1% and Wandong houses -10.6%, so Redesdale has compounded faster than Wandong over the longer window.

Rental vacancy is 3.7% in Redesdale and 4.1% in Wandong, so landlords in Redesdale face less competition for tenants.

Wandong is the bigger suburb, with a population of 1,477 against 299, roughly 4.9 times the size of Redesdale; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Redesdale for recent price momentum, Redesdale for the tighter rental market. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.

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