Hotham Heights vs Teesdale
Property investment comparison - Hotham Heights, VIC 3741 vs Teesdale, VIC 3328
Head-to-head across core investment metrics: Hotham Heights wins 2, Teesdale wins 2. 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 | Hotham Heights | Teesdale |
|---|---|---|
| Median house price | $970K | $965K |
| Median unit price | $195K | $640K |
| Gross rental yield (houses) | - | 3.31% |
| Gross rental yield (units) | 3.70% | 4.30% |
| 1-year house growth | - | +4.8% |
| 3-year house growth | - | +29.2% |
| Vacancy rate | 0.2% | 1.8% |
| Population | 128 | 2,308 |
Hotham Heights vs Teesdale: what the numbers say
The median house price is $970K in Hotham Heights and $965K in Teesdale, so Teesdale is the cheaper entry point, with Hotham Heights houses about 1% dearer.
For units, Hotham Heights sits at a median of $195K against $640K in Teesdale, which makes Hotham Heights the more affordable unit market and Teesdale the pricier one.
Rental vacancy is 0.2% in Hotham Heights and 1.8% in Teesdale, 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.
Teesdale is the bigger suburb, with a population of 2,308 against 128, roughly 18 times the size of Hotham Heights; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Teesdale 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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Hotham Heights, VIC 3741
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