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Strathmore Heights vs Yarraville

Property investment comparison - Strathmore Heights, VIC 3041 vs Yarraville, VIC 3013

Head-to-head across core investment metrics: Strathmore Heights wins 3, Yarraville 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.

MetricStrathmore HeightsYarraville
Median house price$1.2M$1.2M
Median unit price-$620K
Gross rental yield (houses)-3.10%
Gross rental yield (units)4.29%5.12%
1-year house growth+7.3%+0.8%
3-year house growth+12.7%+9.1%
Vacancy rate1.4%0.7%
Population1,04715,636

Strathmore Heights vs Yarraville: what the numbers say

The median house price is $1.2M in Strathmore Heights and $1.2M in Yarraville, so Strathmore Heights is the cheaper entry point, with Yarraville houses about 1% dearer.

Over the past year house prices moved +7.3% in Strathmore Heights and +0.8% in Yarraville, so recent momentum favours Strathmore Heights, although both suburbs recorded growth.

Looking back three years, Strathmore Heights houses are +12.7% and Yarraville houses +9.1%, so Strathmore Heights has compounded faster than Yarraville over the longer window.

Rental vacancy is 0.7% in Yarraville and 1.4% in Strathmore Heights, so landlords in Yarraville face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Yarraville is the bigger suburb, with a population of 15,636 against 1,047, roughly 15 times the size of Strathmore Heights; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Strathmore Heights for a lower purchase price, Strathmore Heights for recent price momentum, Yarraville 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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