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Brown Hill vs Myrtleford

Property investment comparison - Brown Hill, VIC 3350 vs Myrtleford, VIC 3737

Head-to-head across core investment metrics: Brown Hill wins 0, Myrtleford 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.

MetricBrown HillMyrtleford
Median house price$650K$650K
Median unit price$435K-
Gross rental yield (houses)-3.86%
Gross rental yield (units)4.66%-
1-year house growth+7.7%estimate+11.6%
3-year house growth-+8.0%
Vacancy rate0.8%0.7%
Population4,4893,285

Brown Hill vs Myrtleford: what the numbers say

Houses cost about the same in both suburbs: the median house price is $650K in Brown Hill and $650K in Myrtleford.

Over the past year house prices moved +7.7% in Brown Hill (an estimate) and +11.6% in Myrtleford, so recent momentum favours Myrtleford, although both suburbs recorded growth.

Rental vacancy is 0.7% in Myrtleford and 0.8% in Brown Hill, so landlords in Myrtleford face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Brown Hill is the bigger suburb, with a population of 4,489 against 3,285, larger than Myrtleford; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Myrtleford for recent price momentum, Myrtleford 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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