Runnymede vs Wangaratta
Property investment comparison - Runnymede, VIC 3558 vs Wangaratta, VIC 3677
Head-to-head across core investment metrics: Runnymede wins 2, Wangaratta 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 | Runnymede | Wangaratta |
|---|---|---|
| Median house price | $560K | $565K |
| Median unit price | $355K | $400K |
| Gross rental yield (houses) | - | 4.90% |
| Gross rental yield (units) | - | 5.30% |
| 1-year house growth | - | +7.6% |
| 3-year house growth | - | +9.0% |
| Vacancy rate | 1.5% | 0.8% |
| Population | 64 | 19,214 |
Runnymede vs Wangaratta: what the numbers say
The median house price is $560K in Runnymede and $565K in Wangaratta, so Runnymede is the cheaper entry point, with Wangaratta houses about 1% dearer.
For units, Runnymede sits at a median of $355K against $400K in Wangaratta, which makes Runnymede the more affordable unit market and Wangaratta the pricier one.
Rental vacancy is 0.8% in Wangaratta and 1.5% in Runnymede, so landlords in Wangaratta face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.
Wangaratta is the bigger suburb, with a population of 19,214 against 64, roughly 300 times the size of Runnymede; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Runnymede for a lower purchase price, Wangaratta 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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