Montville vs Tallegalla

Houses cost about the same in both suburbs: the median house price is $1.4M in Montville and $1.4M in Tallegalla.

For units, Montville sits at a median of $490K against $975K in Tallegalla, which makes Montville the more affordable unit market and Tallegalla the pricier one.

On cash flow, Montville leads: houses there return a gross rental yield of 3.18%, compared with 1.65% in Tallegalla, a gap of 1.53 percentage points.

Over the past year house prices moved +12.7% in Montville and +10.8% in Tallegalla, so recent momentum favours Montville, although both suburbs recorded growth.

Looking back three years, Montville houses are +42.3% and Tallegalla houses +50.2%, so Tallegalla has compounded faster than Montville over the longer window.

Rental vacancy is 2.6% in Montville and 6.8% in Tallegalla, so landlords in Montville face less competition for tenants.

Montville is the bigger suburb, with a population of 1,092 against 351, roughly 3.1 times the size of Tallegalla; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Montville for rental income, Montville for recent price momentum, Montville for the tighter rental market. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.