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Croydon Hills vs Molka

Property investment comparison - Croydon Hills, VIC 3136 vs Molka, VIC 3666

Head-to-head across core investment metrics: Croydon Hills wins 1, Molka wins 3. 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.

MetricCroydon HillsMolka
Median house price$1.2M$1.2M
Median unit price-$360K
Gross rental yield (houses)3.32%2.21%
Gross rental yield (units)2.93%4.75%
1-year house growth+1.3%estimate-
3-year house growth--
Vacancy rate1.0%0.7%
Population4,83934

Croydon Hills vs Molka: what the numbers say

The median house price is $1.2M in Croydon Hills and $1.2M in Molka, so Molka is the cheaper entry point, with Croydon Hills houses about 1% dearer.

On cash flow, Croydon Hills leads: houses there return a gross rental yield of 3.32%, compared with 2.21% in Molka, a gap of 1.11 percentage points.

Rental vacancy is 0.7% in Molka and 1.0% in Croydon Hills, so landlords in Molka face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Croydon Hills is the bigger suburb, with a population of 4,839 against 34, roughly 142 times the size of Molka; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Croydon Hills for rental income, Molka for a lower purchase price, Molka 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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Croydon Hills vs Molka: Suburb Comparison 2026