Montgomery vs Sydenham
Property investment comparison - Montgomery, VIC 3851 vs Sydenham, VIC 3037
Head-to-head across core investment metrics: Montgomery wins 1, Sydenham 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 | Montgomery | Sydenham |
|---|---|---|
| Median house price | $770K | $765K |
| Median unit price | - | $520K |
| Gross rental yield (houses) | 3.66% | 3.60% |
| Gross rental yield (units) | - | 4.60% |
| 1-year house growth | - | +5.6% |
| 3-year house growth | - | +3.2% |
| Vacancy rate | 26.5% | 1.0% |
| Population | 65 | 10,578 |
Montgomery vs Sydenham: what the numbers say
The median house price is $770K in Montgomery and $765K in Sydenham, so Sydenham is the cheaper entry point, with Montgomery houses about 1% dearer.
On cash flow, Montgomery leads: houses there return a gross rental yield of 3.66%, compared with 3.60% in Sydenham, a gap of 0.06 percentage points.
Rental vacancy is 1.0% in Sydenham and 26.5% in Montgomery, so landlords in Sydenham face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.
Sydenham is the bigger suburb, with a population of 10,578 against 65, roughly 163 times the size of Montgomery; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Montgomery for rental income, Sydenham for a lower purchase price, Sydenham 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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