Kilmore vs Rockbank
Property investment comparison - Kilmore, VIC 3764 vs Rockbank, VIC 3335
Head-to-head across core investment metrics: Kilmore wins 5, Rockbank 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.
| Metric | Kilmore | Rockbank |
|---|---|---|
| Median house price | $630K | $630K |
| Median unit price | $445K | $530K |
| Gross rental yield (houses) | 4.15% | - |
| Gross rental yield (units) | 4.80% | 4.33% |
| 1-year house growth | +2.6% | +1.4% |
| 3-year house growth | +3.4% | -0.2% |
| Vacancy rate | 1.4% | 4.9% |
| Population | 9,207 | 2,583 |
Kilmore vs Rockbank: what the numbers say
Houses cost about the same in both suburbs: the median house price is $630K in Kilmore and $630K in Rockbank.
For units, Kilmore sits at a median of $445K against $530K in Rockbank, which makes Kilmore the more affordable unit market and Rockbank the pricier one.
Over the past year house prices moved +2.6% in Kilmore and +1.4% in Rockbank, so recent momentum favours Kilmore, although both suburbs recorded growth.
Looking back three years, Kilmore houses are +3.4% and Rockbank houses -0.2%, so Kilmore has compounded faster than Rockbank over the longer window.
Rental vacancy is 1.4% in Kilmore and 4.9% in Rockbank, so landlords in Kilmore face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.
Kilmore is the bigger suburb, with a population of 9,207 against 2,583, roughly 3.6 times the size of Rockbank; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Kilmore for recent price momentum, Kilmore 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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