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Smythesdale vs Yea

Property investment comparison - Smythesdale, VIC 3351 vs Yea, VIC 3717

Head-to-head across core investment metrics: Smythesdale wins 1, Yea 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.

MetricSmythesdaleYea
Median house price$660K$660K
Median unit price$430K-
Gross rental yield (houses)3.96%-
Gross rental yield (units)3.49%4.85%
1-year house growth+16.6%+9.8%estimate
3-year house growth+9.2%-
Vacancy rate4.2%1.5%
Population1,1891,789

Smythesdale vs Yea: what the numbers say

Houses cost about the same in both suburbs: the median house price is $660K in Smythesdale and $660K in Yea.

Over the past year house prices moved +16.6% in Smythesdale and +9.8% in Yea (an estimate), so recent momentum favours Smythesdale, although both suburbs recorded growth.

Rental vacancy is 1.5% in Yea and 4.2% in Smythesdale, so landlords in Yea face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Yea is the bigger suburb, with a population of 1,789 against 1,189, larger than Smythesdale; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Smythesdale for recent price momentum, Yea 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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