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Runnymede vs Wedderburn

Property investment comparison - Runnymede, VIC 3559 vs Wedderburn, VIC 3518

Head-to-head across core investment metrics: Runnymede wins 1, Wedderburn wins 2. 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.

MetricRunnymedeWedderburn
Median house price$345K$350K
Median unit price$460K$395K
Gross rental yield (houses)4.77%4.98%
Gross rental yield (units)-2.25%
1-year house growth-+23.1%
3-year house growth-+16.7%
Vacancy rate-3.3%
Population64951

Runnymede vs Wedderburn: what the numbers say

The median house price is $345K in Runnymede and $350K in Wedderburn, so Runnymede is the cheaper entry point, with Wedderburn houses about 1% dearer.

For units, Runnymede sits at a median of $460K against $395K in Wedderburn, which makes Wedderburn the more affordable unit market and Runnymede the pricier one.

On cash flow, Wedderburn leads: houses there return a gross rental yield of 4.98%, compared with 4.77% in Runnymede, a gap of 0.21 percentage points.

Wedderburn is the bigger suburb, with a population of 951 against 64, roughly 15 times the size of Runnymede; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Wedderburn for rental income, Runnymede for a lower purchase price. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.

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