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Greenhill vs Kingsville

Property investment comparison - Greenhill, VIC 3444 vs Kingsville, VIC 3012

Head-to-head across core investment metrics: Greenhill wins 1, Kingsville wins 1. 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.

MetricGreenhillKingsville
Median house price$1.1M$1.1M
Median unit price--
Gross rental yield (houses)2.72%3.30%
Gross rental yield (units)-5.05%
1-year house growth--3.5%estimate
3-year house growth--
Vacancy rate0.5%1.6%
Population603,920

Greenhill vs Kingsville: what the numbers say

Houses cost about the same in both suburbs: the median house price is $1.1M in Greenhill and $1.1M in Kingsville.

On cash flow, Kingsville leads: houses there return a gross rental yield of 3.30%, compared with 2.72% in Greenhill, a gap of 0.58 percentage points.

Rental vacancy is 0.5% in Greenhill and 1.6% in Kingsville, so landlords in Greenhill face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Kingsville is the bigger suburb, with a population of 3,920 against 60, roughly 65 times the size of Greenhill; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Kingsville for rental income, Greenhill 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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