Mount Bolton vs New Gisborne
Property investment comparison - Mount Bolton, VIC 3352 vs New Gisborne, VIC 3438
Head-to-head across core investment metrics: Mount Bolton wins 1, New Gisborne 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 | Mount Bolton | New Gisborne |
|---|---|---|
| Median house price | $885K | $880K |
| Median unit price | $520K | - |
| Gross rental yield (houses) | 2.85% | 3.84% |
| Gross rental yield (units) | 3.00% | - |
| 1-year house growth | - | +0.5% |
| 3-year house growth | - | +3.6% |
| Vacancy rate | 1.6% | 3.3% |
| Population | 29 | 2,509 |
Mount Bolton vs New Gisborne: what the numbers say
The median house price is $885K in Mount Bolton and $880K in New Gisborne, so New Gisborne is the cheaper entry point, with Mount Bolton houses about 1% dearer.
On cash flow, New Gisborne leads: houses there return a gross rental yield of 3.84%, compared with 2.85% in Mount Bolton, a gap of 0.99 percentage points.
Rental vacancy is 1.6% in Mount Bolton and 3.3% in New Gisborne, so landlords in Mount Bolton face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.
New Gisborne is the bigger suburb, with a population of 2,509 against 29, roughly 87 times the size of Mount Bolton; a larger suburb usually means a deeper pool of buyers and tenants.
In short: New Gisborne for rental income, New Gisborne for a lower purchase price, Mount Bolton 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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