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Hilldene vs Lalor

Property investment comparison - Hilldene, VIC 3660 vs Lalor, VIC 3075

Head-to-head across core investment metrics: Hilldene wins 2, Lalor 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.

MetricHilldeneLalor
Median house price$770K$775K
Median unit price$495K$565K
Gross rental yield (houses)3.25%3.67%
Gross rental yield (units)3.81%4.60%
1-year house growth-+6.2%
3-year house growth-+14.6%
Vacancy rate1.0%0.8%
Population33023,219

Hilldene vs Lalor: what the numbers say

The median house price is $770K in Hilldene and $775K in Lalor, so Hilldene is the cheaper entry point, with Lalor houses about 1% dearer.

For units, Hilldene sits at a median of $495K against $565K in Lalor, which makes Hilldene the more affordable unit market and Lalor the pricier one.

On cash flow, Lalor leads: houses there return a gross rental yield of 3.67%, compared with 3.25% in Hilldene, a gap of 0.42 percentage points.

Rental vacancy is 0.8% in Lalor and 1.0% in Hilldene, so landlords in Lalor face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Lalor is the bigger suburb, with a population of 23,219 against 330, roughly 70 times the size of Hilldene; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Lalor for rental income, Hilldene for a lower purchase price, Lalor 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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