Glenhope vs Tullamarine
Property investment comparison - Glenhope, VIC 3444 vs Tullamarine, VIC 3043
Head-to-head across core investment metrics: Glenhope wins 2, Tullamarine wins 0. 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 | Glenhope | Tullamarine |
|---|---|---|
| Median house price | $825K | $825K |
| Median unit price | - | $600K |
| Gross rental yield (houses) | 4.26% | 3.78% |
| Gross rental yield (units) | - | 4.77% |
| 1-year house growth | - | +10.0% |
| 3-year house growth | - | +14.2% |
| Vacancy rate | 0.7% | 1.1% |
| Population | 66 | 6,733 |
Glenhope vs Tullamarine: what the numbers say
Houses cost about the same in both suburbs: the median house price is $825K in Glenhope and $825K in Tullamarine.
On cash flow, Glenhope leads: houses there return a gross rental yield of 4.26%, compared with 3.78% in Tullamarine, a gap of 0.48 percentage points.
Rental vacancy is 0.7% in Glenhope and 1.1% in Tullamarine, so landlords in Glenhope face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.
Tullamarine is the bigger suburb, with a population of 6,733 against 66, roughly 102 times the size of Glenhope; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Glenhope for rental income, Glenhope 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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