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Middle Park vs Tower Hill

Property investment comparison - Middle Park, VIC 3206 vs Tower Hill, VIC 3283

Head-to-head across core investment metrics: Middle Park wins 2, Tower Hill 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.

MetricMiddle ParkTower Hill
Median house price$3.1M$3.5M
Median unit price$1.0M-
Gross rental yield (houses)2.04%-
Gross rental yield (units)3.34%-
1-year house growth+1.3%-
3-year house growth+23.2%-
Vacancy rate2.1%6.0%
Population4,00083

Middle Park vs Tower Hill: what the numbers say

The median house price is $3.1M in Middle Park and $3.5M in Tower Hill, so Middle Park is the cheaper entry point, with Tower Hill houses about 16% dearer.

Rental vacancy is 2.1% in Middle Park and 6.0% in Tower Hill, so landlords in Middle Park face less competition for tenants.

Middle Park is the bigger suburb, with a population of 4,000 against 83, roughly 48 times the size of Tower Hill; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Middle Park for a lower purchase price, Middle Park 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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