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Hotham Heights vs Montrose

Property investment comparison - Hotham Heights, VIC 3741 vs Montrose, VIC 3765

Head-to-head across core investment metrics: Hotham Heights wins 3, Montrose wins 0. 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.

MetricHotham HeightsMontrose
Median house price$970K$980K
Median unit price$195K-
Gross rental yield (houses)-3.63%
Gross rental yield (units)3.70%3.52%
1-year house growth-+2.9%
3-year house growth-+15.8%
Vacancy rate0.2%0.3%
Population1286,900

Hotham Heights vs Montrose: what the numbers say

The median house price is $970K in Hotham Heights and $980K in Montrose, so Hotham Heights is the cheaper entry point, with Montrose houses about 1% dearer.

Rental vacancy is 0.2% in Hotham Heights and 0.3% in Montrose, so landlords in Hotham Heights face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Montrose is the bigger suburb, with a population of 6,900 against 128, roughly 54 times the size of Hotham Heights; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Hotham Heights for a lower purchase price, Hotham Heights 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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