Montrose vs Steiglitz
Property investment comparison - Montrose, VIC 3765 vs Steiglitz, VIC 3331
Head-to-head across core investment metrics: Montrose wins 3, Steiglitz 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.
| Metric | Montrose | Steiglitz |
|---|---|---|
| Median house price | $980K | $990K |
| Median unit price | - | $370K |
| Gross rental yield (houses) | 3.63% | 2.72% |
| Gross rental yield (units) | 3.52% | 6.10% |
| 1-year house growth | +2.9% | - |
| 3-year house growth | +15.8% | - |
| Vacancy rate | 0.3% | 0.9% |
| Population | 6,900 | 61 |
Montrose vs Steiglitz: what the numbers say
The median house price is $980K in Montrose and $990K in Steiglitz, so Montrose is the cheaper entry point, with Steiglitz houses about 1% dearer.
On cash flow, Montrose leads: houses there return a gross rental yield of 3.63%, compared with 2.72% in Steiglitz, a gap of 0.91 percentage points.
Rental vacancy is 0.3% in Montrose and 0.9% in Steiglitz, so landlords in Montrose face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.
Montrose is the bigger suburb, with a population of 6,900 against 61, roughly 113 times the size of Steiglitz; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Montrose for rental income, Montrose for a lower purchase price, Montrose 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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