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Wangoom vs Warragul

Property investment comparison - Wangoom, VIC 3279 vs Warragul, VIC 3820

Head-to-head across core investment metrics: Wangoom wins 0, Warragul 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.

MetricWangoomWarragul
Median house price$695K$695K
Median unit price-$450K
Gross rental yield (houses)3.39%4.50%
Gross rental yield (units)-4.80%
1-year house growth-+8.1%
3-year house growth-+4.7%
Vacancy rate-1.9%
Population23719,856

Wangoom vs Warragul: what the numbers say

Houses cost about the same in both suburbs: the median house price is $695K in Wangoom and $695K in Warragul.

On cash flow, Warragul leads: houses there return a gross rental yield of 4.50%, compared with 3.39% in Wangoom, a gap of 1.11 percentage points.

Warragul is the bigger suburb, with a population of 19,856 against 237, roughly 84 times the size of Wangoom; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Warragul for rental income. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.

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