Rokeby vs Woodend
Property investment comparison - Rokeby, VIC 3821 vs Woodend, VIC 3442
Head-to-head across core investment metrics: Rokeby wins 0, Woodend wins 3. 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 | Rokeby | Woodend |
|---|---|---|
| Median house price | $1.1M | $1.1M |
| Median unit price | - | $710K |
| Gross rental yield (houses) | - | 3.26% |
| Gross rental yield (units) | - | 4.19% |
| 1-year house growth | +4.9% | +9.3% |
| 3-year house growth | - | +0.5% |
| Vacancy rate | 12.3% | 0.3% |
| Population | 213 | 6,732 |
Rokeby vs Woodend: what the numbers say
The median house price is $1.1M in Rokeby and $1.1M in Woodend, so Woodend is the cheaper entry point, with Rokeby houses about 1% dearer.
Over the past year house prices moved +4.9% in Rokeby and +9.3% in Woodend, so recent momentum favours Woodend, although both suburbs recorded growth.
Rental vacancy is 0.3% in Woodend and 12.3% in Rokeby, so landlords in Woodend face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.
Woodend is the bigger suburb, with a population of 6,732 against 213, roughly 32 times the size of Rokeby; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Woodend for a lower purchase price, Woodend for recent price momentum, Woodend 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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