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Agnes vs Avoca

Property investment comparison - Agnes, VIC 3962 vs Avoca, VIC 3467

Head-to-head across core investment metrics: Agnes wins 1, Avoca 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.

MetricAgnesAvoca
Median house price$390K$400K
Median unit price-$320K
Gross rental yield (houses)-5.06%
Gross rental yield (units)-2.61%
1-year house growth-+6.0%estimate
3-year house growth--
Vacancy rate1.1%0.9%
Population611,356

Agnes vs Avoca: what the numbers say

The median house price is $390K in Agnes and $400K in Avoca, so Agnes is the cheaper entry point, with Avoca houses about 3% dearer.

Rental vacancy is 0.9% in Avoca and 1.1% in Agnes, so landlords in Avoca face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Avoca is the bigger suburb, with a population of 1,356 against 61, roughly 22 times the size of Agnes; a larger suburb usually means a deeper pool of buyers and tenants.

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

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