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.
| Metric | Redesdale | Wandong |
|---|---|---|
| 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 rate | 3.7% | 4.1% |
| Population | 299 | 1,477 |
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.
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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