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Metung vs Rockbank

Property investment comparison - Metung, VIC 3904 vs Rockbank, VIC 3335

Head-to-head across core investment metrics: Metung wins 2, Rockbank 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.

MetricMetungRockbank
Median house price$630K$630K
Median unit price$200K$530K
Gross rental yield (houses)4.20%-
Gross rental yield (units)-4.33%
1-year house growth-0.5%estimate+1.4%
3-year house growth--0.2%
Vacancy rate2.8%4.9%
Population1,8992,583

Metung vs Rockbank: what the numbers say

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

For units, Metung sits at a median of $200K against $530K in Rockbank, which makes Metung the more affordable unit market and Rockbank the pricier one.

Over the past year house prices moved -0.5% in Metung (an estimate) and +1.4% in Rockbank, so recent momentum favours Rockbank, while Metung went backwards.

Rental vacancy is 2.8% in Metung and 4.9% in Rockbank, so landlords in Metung face less competition for tenants.

Rockbank is the bigger suburb, with a population of 2,583 against 1,899, larger than Metung; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Rockbank for recent price momentum, 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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