Skip to main content

Winchelsea vs Yarragon

Property investment comparison - Winchelsea, VIC 3241 vs Yarragon, VIC 3823

Head-to-head across core investment metrics: Winchelsea wins 3, Yarragon 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.

MetricWinchelseaYarragon
Median house price$650K$650K
Median unit price--
Gross rental yield (houses)3.80%4.40%
Gross rental yield (units)5.28%4.98%
1-year house growth+2.9%+6.0%
3-year house growth-1.5%-3.1%
Vacancy rate0.4%0.5%
Population2,4561,893

Winchelsea vs Yarragon: what the numbers say

Houses cost about the same in both suburbs: the median house price is $650K in Winchelsea and $650K in Yarragon.

On cash flow, Yarragon leads: houses there return a gross rental yield of 4.40%, compared with 3.80% in Winchelsea, a gap of 0.60 percentage points.

Over the past year house prices moved +2.9% in Winchelsea and +6.0% in Yarragon, so recent momentum favours Yarragon, although both suburbs recorded growth.

Looking back three years, Winchelsea houses are -1.5% and Yarragon houses -3.1%, so Winchelsea has compounded faster than Yarragon over the longer window.

Rental vacancy is 0.4% in Winchelsea and 0.5% in Yarragon, so landlords in Winchelsea face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Winchelsea is the bigger suburb, with a population of 2,456 against 1,893, larger than Yarragon; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Yarragon for rental income, Yarragon for recent price momentum, Winchelsea for the tighter rental market. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.

Keep exploring

Compare any 2-4 Australian suburbs

Build your own multi-suburb comparison with the full interactive tool.

Open interactive comparison