Hilldene vs Killara
Property investment comparison - Hilldene, VIC 3660 vs Killara, VIC 3691
Head-to-head across core investment metrics: Hilldene wins 2, Killara 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 | Hilldene | Killara |
|---|---|---|
| Median house price | $770K | $775K |
| Median unit price | $495K | $445K |
| Gross rental yield (houses) | 3.25% | 4.20% |
| Gross rental yield (units) | 3.81% | 4.06% |
| 1-year house growth | - | +16.4%estimate |
| 3-year house growth | - | - |
| Vacancy rate | 1.0% | 3.3% |
| Population | 330 | 1,485 |
Hilldene vs Killara: what the numbers say
The median house price is $770K in Hilldene and $775K in Killara, so Hilldene is the cheaper entry point, with Killara houses about 1% dearer.
For units, Hilldene sits at a median of $495K against $445K in Killara, which makes Killara the more affordable unit market and Hilldene the pricier one.
On cash flow, Killara leads: houses there return a gross rental yield of 4.20%, compared with 3.25% in Hilldene, a gap of 0.95 percentage points.
Rental vacancy is 1.0% in Hilldene and 3.3% in Killara, so landlords in Hilldene face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.
Killara is the bigger suburb, with a population of 1,485 against 330, roughly 4.5 times the size of Hilldene; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Killara for rental income, Hilldene for a lower purchase price, Hilldene 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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