Notting Hill vs Rowville

The median house price is $1.2M in Notting Hill and $1.2M in Rowville, so Rowville is the cheaper entry point.

For units, Notting Hill sits at a median of $435K against $760K in Rowville, which makes Notting Hill the more affordable unit market and Rowville the pricier one.

Over the past year house prices moved +0.7% in Notting Hill and +8.0% in Rowville, so recent momentum favours Rowville, although both suburbs recorded growth.

Looking back three years, Notting Hill houses are +8.5% and Rowville houses +9.5%, so Rowville has compounded faster than Notting Hill over the longer window.

Rental vacancy is 1.6% in Rowville and 1.9% in Notting Hill, so landlords in Rowville face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Rowville is the bigger suburb, with a population of 33,571 against 2,895, roughly 12 times the size of Notting Hill; a larger suburb usually means a deeper pool of buyers and tenants.

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