Waurn Ponds vs Wonyip
Property investment comparison - Waurn Ponds, VIC 3216 vs Wonyip, VIC 3962
Head-to-head across core investment metrics: Waurn Ponds wins 1, Wonyip 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.
| Metric | Waurn Ponds | Wonyip |
|---|---|---|
| Median house price | $810K | $805K |
| Median unit price | - | - |
| Gross rental yield (houses) | 3.80% | 2.61% |
| Gross rental yield (units) | - | - |
| 1-year house growth | +5.4% | - |
| 3-year house growth | -4.4% | - |
| Vacancy rate | 3.7% | 2.2% |
| Population | 4,956 | 39 |
Waurn Ponds vs Wonyip: what the numbers say
The median house price is $810K in Waurn Ponds and $805K in Wonyip, so Wonyip is the cheaper entry point, with Waurn Ponds houses about 1% dearer.
On cash flow, Waurn Ponds leads: houses there return a gross rental yield of 3.80%, compared with 2.61% in Wonyip, a gap of 1.19 percentage points.
Rental vacancy is 2.2% in Wonyip and 3.7% in Waurn Ponds, so landlords in Wonyip face less competition for tenants.
Waurn Ponds is the bigger suburb, with a population of 4,956 against 39, roughly 127 times the size of Wonyip; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Waurn Ponds for rental income, Wonyip for a lower purchase price, Wonyip 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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