Grand Ridge vs Hamilton
Property investment comparison - Grand Ridge, VIC 3962 vs Hamilton, VIC 3300
Head-to-head across core investment metrics: Grand Ridge wins 0, Hamilton 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.
| Metric | Grand Ridge | Hamilton |
|---|---|---|
| Median house price | $445K | $440K |
| Median unit price | - | $325K |
| Gross rental yield (houses) | 4.67% | 4.76% |
| Gross rental yield (units) | - | 5.53% |
| 1-year house growth | - | +10.6%estimate |
| 3-year house growth | - | - |
| Vacancy rate | 0.8% | 0.3% |
| Population | 10 | 10,346 |
Grand Ridge vs Hamilton: what the numbers say
The median house price is $445K in Grand Ridge and $440K in Hamilton, so Hamilton is the cheaper entry point, with Grand Ridge houses about 1% dearer.
On cash flow, Hamilton leads: houses there return a gross rental yield of 4.76%, compared with 4.67% in Grand Ridge, a gap of 0.09 percentage points.
Rental vacancy is 0.3% in Hamilton and 0.8% in Grand Ridge, so landlords in Hamilton face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.
Hamilton is the bigger suburb, with a population of 10,346 against 10, roughly 1035 times the size of Grand Ridge; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Hamilton for rental income, Hamilton for a lower purchase price, Hamilton 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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