Hamilton Hill vs Hocking

Houses cost about the same in both suburbs: the median house price is $1M in Hamilton Hill and $1M in Hocking.

For units, Hamilton Hill sits at a median of $650K against $800K in Hocking, which makes Hamilton Hill the more affordable unit market and Hocking the pricier one.

On cash flow, Hocking leads: houses there return a gross rental yield of 4.11%, compared with 3.90% in Hamilton Hill, a gap of 0.21 percentage points.

Over the past year house prices moved +14.3% in Hamilton Hill and +21.0% in Hocking (an estimate), so recent momentum favours Hocking, although both suburbs recorded growth.

Rental vacancy is 0.5% in Hamilton Hill and 1.1% in Hocking, so landlords in Hamilton Hill face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Hamilton Hill is the bigger suburb, with a population of 11,327 against 6,987, larger than Hocking; a larger suburb usually means a deeper pool of buyers and tenants.

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