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Aireys Inlet vs Irymple

Property investment comparison - Aireys Inlet, VIC 3231 vs Irymple, VIC 3498

Head-to-head across core investment metrics: Aireys Inlet wins 1, Irymple wins 3. 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.

MetricAireys InletIrymple
Median house price$1.4M-
Median unit price--
Gross rental yield (houses)2.34%4.30%
Gross rental yield (units)3.77%5.60%
1-year house growth-5.9%estimate+11.3%
3-year house growth-+30.5%
Vacancy rate1.1%1.3%
Population9795,977

Aireys Inlet vs Irymple: what the numbers say

On cash flow, Irymple leads: houses there return a gross rental yield of 4.30%, compared with 2.34% in Aireys Inlet, a gap of 1.96 percentage points.

Over the past year house prices moved -5.9% in Aireys Inlet (an estimate) and +11.3% in Irymple, so recent momentum favours Irymple, while Aireys Inlet went backwards.

Rental vacancy is 1.1% in Aireys Inlet and 1.3% in Irymple, so landlords in Aireys Inlet face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Irymple is the bigger suburb, with a population of 5,977 against 979, roughly 6 times the size of Aireys Inlet; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Irymple for rental income, Irymple for recent price momentum, Aireys Inlet 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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