Fraser Rise vs Hoppers Crossing

Houses cost about the same in both suburbs: the median house price is $700K in Fraser Rise and $700K in Hoppers Crossing.

For units, Fraser Rise sits at a median of $560K against $490K in Hoppers Crossing, which makes Hoppers Crossing the more affordable unit market and Fraser Rise the pricier one.

Over the past year house prices moved +0.4% in Fraser Rise and +8.4% in Hoppers Crossing, so recent momentum favours Hoppers Crossing, although both suburbs recorded growth.

Looking back three years, Fraser Rise houses are -3.9% and Hoppers Crossing houses +13.0%, so Hoppers Crossing has compounded faster than Fraser Rise over the longer window.

Rental vacancy is 2.1% in Hoppers Crossing and 5.5% in Fraser Rise, so landlords in Hoppers Crossing face less competition for tenants.

Hoppers Crossing is the bigger suburb, with a population of 37,216 against 9,097, roughly 4.1 times the size of Fraser Rise; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Hoppers Crossing for recent price momentum, Hoppers Crossing for the tighter rental market. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.