Waurn Ponds vs Yelta
Property investment comparison - Waurn Ponds, VIC 3216 vs Yelta, VIC 3505
Head-to-head across core investment metrics: Waurn Ponds wins 1, Yelta 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 | Yelta |
|---|---|---|
| Median house price | $810K | $805K |
| Median unit price | - | $350K |
| Gross rental yield (houses) | 3.80% | 2.25% |
| Gross rental yield (units) | - | 5.19% |
| 1-year house growth | +5.4% | - |
| 3-year house growth | -4.4% | - |
| Vacancy rate | 3.7% | 1.4% |
| Population | 4,956 | 325 |
Waurn Ponds vs Yelta: what the numbers say
The median house price is $810K in Waurn Ponds and $805K in Yelta, so Yelta 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 2.25% in Yelta, a gap of 1.55 percentage points.
Rental vacancy is 1.4% in Yelta and 3.7% in Waurn Ponds, so landlords in Yelta face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.
Waurn Ponds is the bigger suburb, with a population of 4,956 against 325, roughly 15 times the size of Yelta; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Waurn Ponds for rental income, Yelta for a lower purchase price, Yelta 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