Broadmeadows vs Wangaratta: Property Investment Comparison 2026
Side-by-side investment comparison to help you decide which suburb suits your investment goals.
Broadmeadows
mediumVIC 3047
Wangaratta
lowVIC 3677
Overview
This guide compares Broadmeadows (VIC, 3047) and Wangaratta (VIC, 3677) as property investment options.
| Feature | Broadmeadows | Wangaratta |
|---|---|---|
| State | VIC | VIC |
| Region | Metro Inner | Regional Minor |
| Risk Level | Medium | Low |
| Hybrid Score | 5.5/10 | 7.1/10 |
Price Comparison
| Price Metric | Broadmeadows | Wangaratta |
|---|---|---|
| Median House | $620,000 | $516,300 |
| Median Unit | $492,500 | $320,000 |
Wangaratta offers a lower entry price, approximately $103,700 (17%) cheaper at the median level.
Rental Yield Comparison
| Yield Metric | Broadmeadows | Wangaratta |
|---|---|---|
| Gross Yield | 4.45% | 5.58% |
| House Rent/wk | $531 | $554 |
| Unit Rent/wk | $531 | $398 |
Wangaratta offers the higher gross yield at 5.58%, a difference of 1.13 percentage points.
Growth Comparison
| Growth Metric | Broadmeadows | Wangaratta |
|---|---|---|
| 5yr Growth p.a. | 6.0% | 6.0% |
| 10yr Growth p.a. | 5.1% | 5.1% |
| Growth Score | 4.8/10 | 4.2/10 |
Wangaratta has demonstrated stronger recent growth at 6.0% p.a. over the past 5 years.
Demographics Comparison
| Demographic | Broadmeadows | Wangaratta |
|---|---|---|
| Population | 21,478 | 19,214 |
| Median Age | 32 | 44 |
| Household Income | $60,268 | $63,336 |
| Unemployment | 12.7% | 3.6% |
| Owner-Occupier | N/A | N/A |
Risk Comparison
| Risk Metric | Broadmeadows | Wangaratta |
|---|---|---|
| Risk Level | Medium | Low |
| Price Stability | N/A | N/A |
| Volatility | N/A | N/A |
Broadmeadows risks:
Wangaratta risks:
Investment Verdict
Who should invest where?
Growth seekers may prefer investigating Broadmeadows (growth score 4.8/10, 5yr growth 6.0% p.a.). This suburb is better positioned for capital appreciation over a longer holding period.
Yield hunters may prefer investigating Wangaratta (yield score 10.0/10, gross yield 5.58%). This suburb provides stronger rental returns and better cashflow potential.
Balanced investors seeking both growth and income may prefer Wangaratta (hybrid score 7.1/10), which offers the best overall combination of metrics.
This information is general in nature and does not constitute personal financial advice. Investment decisions should be based on your individual circumstances. Consider seeking professional advice before making any property investment.
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