Black Hill vs Gnotuk
Property investment comparison - Black Hill, VIC 3350 vs Gnotuk, VIC 3260
Head-to-head across core investment metrics: Black Hill wins 2, Gnotuk 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.
| Metric | Black Hill | Gnotuk |
|---|---|---|
| Median house price | $610K | $610K |
| Median unit price | $455K | $590K |
| Gross rental yield (houses) | 3.83% | - |
| Gross rental yield (units) | 3.89% | 3.81% |
| 1-year house growth | +10.6% | - |
| 3-year house growth | -5.8% | - |
| Vacancy rate | 1.2% | 0.6% |
| Population | 2,124 | 120 |
Black Hill vs Gnotuk: what the numbers say
Houses cost about the same in both suburbs: the median house price is $610K in Black Hill and $610K in Gnotuk.
For units, Black Hill sits at a median of $455K against $590K in Gnotuk, which makes Black Hill the more affordable unit market and Gnotuk the pricier one.
Rental vacancy is 0.6% in Gnotuk and 1.2% in Black Hill, so landlords in Gnotuk face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.
Black Hill is the bigger suburb, with a population of 2,124 against 120, roughly 18 times the size of Gnotuk; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Gnotuk 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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