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Stoneleigh vs Wangaratta

Property investment comparison - Stoneleigh, VIC 3373 vs Wangaratta, VIC 3677

Head-to-head across core investment metrics: Stoneleigh wins 1, Wangaratta 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.

MetricStoneleighWangaratta
Median house price$570K$565K
Median unit price-$400K
Gross rental yield (houses)3.59%4.90%
Gross rental yield (units)-5.30%
1-year house growth-+7.6%
3-year house growth-+9.0%
Vacancy rate0.8%0.8%
Population4519,214

Stoneleigh vs Wangaratta: what the numbers say

The median house price is $570K in Stoneleigh and $565K in Wangaratta, so Wangaratta is the cheaper entry point, with Stoneleigh houses about 1% dearer.

On cash flow, Wangaratta leads: houses there return a gross rental yield of 4.90%, compared with 3.59% in Stoneleigh, a gap of 1.31 percentage points.

Rental vacancy is 0.8% in Stoneleigh and 0.8% in Wangaratta, so landlords in Stoneleigh 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 45, roughly 427 times the size of Stoneleigh; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Wangaratta for rental income, Wangaratta for a lower purchase price, Stoneleigh 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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