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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.

MetricRunnymedeWangaratta
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 rate1.5%0.8%
Population6419,214

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.

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