Toolleen vs Venus Bay
Property investment comparison - Toolleen, VIC 3551 vs Venus Bay, VIC 3956
Head-to-head across core investment metrics: Toolleen wins 3, Venus Bay wins 1. 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.
| Metric | Toolleen | Venus Bay |
|---|---|---|
| Median house price | $495K | $490K |
| Median unit price | $460K | $495K |
| Gross rental yield (houses) | - | 4.33% |
| Gross rental yield (units) | 5.60% | 2.49% |
| 1-year house growth | - | +0.9% |
| 3-year house growth | - | -30.0% |
| Vacancy rate | 0.9% | 1.1% |
| Population | 221 | 904 |
Toolleen vs Venus Bay: what the numbers say
The median house price is $495K in Toolleen and $490K in Venus Bay, so Venus Bay is the cheaper entry point, with Toolleen houses about 1% dearer.
For units, Toolleen sits at a median of $460K against $495K in Venus Bay, which makes Toolleen the more affordable unit market and Venus Bay the pricier one.
Rental vacancy is 0.9% in Toolleen and 1.1% in Venus Bay, so landlords in Toolleen face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.
Venus Bay is the bigger suburb, with a population of 904 against 221, roughly 4.1 times the size of Toolleen; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Venus Bay for a lower purchase price, Toolleen for the tighter rental market. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.
Keep exploring
- National investment guide - top suburbs across every metric
- Take the suburb finder quiz - 5 questions to match your goals
- How our investment score works
- Property investment glossary - every term defined
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