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Ardeer vs Hillside

Property investment comparison - Ardeer, VIC 3022 vs Hillside, VIC 3875

Head-to-head across core investment metrics: Ardeer wins 3, Hillside 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.

MetricArdeerHillside
Median house price$715K$715K
Median unit price$580K$575K
Gross rental yield (houses)3.63%2.48%
Gross rental yield (units)4.65%3.44%
1-year house growth+5.6%-
3-year house growth+12.6%-
Vacancy rate0.6%6.9%
Population3,170290

Ardeer vs Hillside: what the numbers say

Houses cost about the same in both suburbs: the median house price is $715K in Ardeer and $715K in Hillside.

For units, Ardeer sits at a median of $580K against $575K in Hillside, which makes Hillside the more affordable unit market and Ardeer the pricier one.

On cash flow, Ardeer leads: houses there return a gross rental yield of 3.63%, compared with 2.48% in Hillside, a gap of 1.15 percentage points.

Rental vacancy is 0.6% in Ardeer and 6.9% in Hillside, so landlords in Ardeer face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Ardeer is the bigger suburb, with a population of 3,170 against 290, roughly 11 times the size of Hillside; a larger suburb usually means a deeper pool of buyers and tenants.

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

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