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Sassafras vs Yallambie

Property investment comparison - Sassafras, VIC 3787 vs Yallambie, VIC 3085

Head-to-head across core investment metrics: Sassafras wins 2, Yallambie 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.

MetricSassafrasYallambie
Median house price$1.0M$1.0M
Median unit price$1.1M-
Gross rental yield (houses)3.89%3.40%
Gross rental yield (units)--
1-year house growth+4.0%estimate-1.0%
3-year house growth-+8.4%
Vacancy rate6.1%0.1%
Population9704,161

Sassafras vs Yallambie: what the numbers say

The median house price is $1.0M in Sassafras and $1.0M in Yallambie, so Yallambie is the cheaper entry point.

On cash flow, Sassafras leads: houses there return a gross rental yield of 3.89%, compared with 3.40% in Yallambie, a gap of 0.49 percentage points.

Over the past year house prices moved +4.0% in Sassafras (an estimate) and -1.0% in Yallambie, so recent momentum favours Sassafras, while Yallambie went backwards.

Rental vacancy is 0.1% in Yallambie and 6.1% in Sassafras, so landlords in Yallambie face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Yallambie is the bigger suburb, with a population of 4,161 against 970, roughly 4.3 times the size of Sassafras; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Sassafras for rental income, Yallambie for a lower purchase price, Sassafras for recent price momentum, Yallambie 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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