Warrandyte vs Wharparilla
Property investment comparison - Warrandyte, VIC 3113 vs Wharparilla, VIC 3564
Head-to-head across core investment metrics: Warrandyte wins 2, Wharparilla 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 | Warrandyte | Wharparilla |
|---|---|---|
| Median house price | $1.5M | $1.5M |
| Median unit price | - | $570K |
| Gross rental yield (houses) | 3.50% | 2.01% |
| Gross rental yield (units) | 3.73% | 3.48% |
| 1-year house growth | +8.5%estimate | - |
| 3-year house growth | - | - |
| Vacancy rate | 0.6% | 0.0% |
| Population | 5,541 | 483 |
Warrandyte vs Wharparilla: what the numbers say
Houses cost about the same in both suburbs: the median house price is $1.5M in Warrandyte and $1.5M in Wharparilla.
On cash flow, Warrandyte leads: houses there return a gross rental yield of 3.50%, compared with 2.01% in Wharparilla, a gap of 1.49 percentage points.
Rental vacancy is 0.0% in Wharparilla and 0.6% in Warrandyte, so landlords in Wharparilla face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.
Warrandyte is the bigger suburb, with a population of 5,541 against 483, roughly 11 times the size of Wharparilla; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Warrandyte for rental income, Wharparilla 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
Compare any 2-4 Australian suburbs
Build your own multi-suburb comparison with the full interactive tool.
Open interactive comparison