Skip to main content

Aireys Inlet vs Red Cliffs

Property investment comparison - Aireys Inlet, VIC 3231 vs Red Cliffs, VIC 3496

Head-to-head across core investment metrics: Aireys Inlet wins 1, Red Cliffs 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 InletRed Cliffs
Median house price$1.4M-
Median unit price--
Gross rental yield (houses)2.34%5.22%
Gross rental yield (units)3.77%6.36%
1-year house growth-5.9%estimate+10.1%
3-year house growth-+32.5%
Vacancy rate1.1%1.7%
Population9795,294

Aireys Inlet vs Red Cliffs: what the numbers say

On cash flow, Red Cliffs leads: houses there return a gross rental yield of 5.22%, compared with 2.34% in Aireys Inlet, a gap of 2.88 percentage points.

Over the past year house prices moved -5.9% in Aireys Inlet (an estimate) and +10.1% in Red Cliffs, so recent momentum favours Red Cliffs, while Aireys Inlet went backwards.

Rental vacancy is 1.1% in Aireys Inlet and 1.7% in Red Cliffs, 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.

Red Cliffs is the bigger suburb, with a population of 5,294 against 979, roughly 5 times the size of Aireys Inlet; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Red Cliffs for rental income, Red Cliffs 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.

Keep exploring

Compare any 2-4 Australian suburbs

Build your own multi-suburb comparison with the full interactive tool.

Open interactive comparison
Aireys Inlet vs Red Cliffs: Suburb Comparison 2026