Highton vs Lake Eildon
Property investment comparison - Highton, VIC 3216 vs Lake Eildon, VIC 3713
Head-to-head across core investment metrics: Highton wins 1, Lake Eildon 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 | Highton | Lake Eildon |
|---|---|---|
| Median house price | $900K | $900K |
| Median unit price | $535K | $325K |
| Gross rental yield (houses) | 3.50% | 2.47% |
| Gross rental yield (units) | 4.45% | 4.58% |
| 1-year house growth | +2.3% | - |
| 3-year house growth | -2.6% | - |
| Vacancy rate | 2.1% | 1.1% |
| Population | 20,736 | 3 |
Highton vs Lake Eildon: what the numbers say
Houses cost about the same in both suburbs: the median house price is $900K in Highton and $900K in Lake Eildon.
For units, Highton sits at a median of $535K against $325K in Lake Eildon, which makes Lake Eildon the more affordable unit market and Highton the pricier one.
On cash flow, Highton leads: houses there return a gross rental yield of 3.50%, compared with 2.47% in Lake Eildon, a gap of 1.03 percentage points.
Rental vacancy is 1.1% in Lake Eildon and 2.1% in Highton, so landlords in Lake Eildon face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.
Highton is the bigger suburb, with a population of 20,736 against 3, roughly 6912 times the size of Lake Eildon; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Highton for rental income, Lake Eildon 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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