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Howqua vs Metung

Property investment comparison - Howqua, VIC 3723 vs Metung, VIC 3904

Head-to-head across core investment metrics: Howqua wins 1, Metung wins 1. 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.

MetricHowquaMetung
Median house price$630K$630K
Median unit price-$200K
Gross rental yield (houses)4.90%4.20%
Gross rental yield (units)--
1-year house growth--0.5%estimate
3-year house growth--
Vacancy rate13.5%2.8%
Population1581,899

Howqua vs Metung: what the numbers say

Houses cost about the same in both suburbs: the median house price is $630K in Howqua and $630K in Metung.

On cash flow, Howqua leads: houses there return a gross rental yield of 4.90%, compared with 4.20% in Metung, a gap of 0.70 percentage points.

Rental vacancy is 2.8% in Metung and 13.5% in Howqua, so landlords in Metung face less competition for tenants.

Metung is the bigger suburb, with a population of 1,899 against 158, roughly 12 times the size of Howqua; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Howqua for rental income, Metung 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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