Albanvale vs Balmoral
Property investment comparison - Albanvale, VIC 3021 vs Balmoral, VIC 3407
Head-to-head across core investment metrics: Albanvale wins 1, Balmoral 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 | Albanvale | Balmoral |
|---|---|---|
| Median house price | $690K | - |
| Median unit price | - | $280K |
| Gross rental yield (houses) | 3.74% | 5.55% |
| Gross rental yield (units) | 5.00% | 7.13% |
| 1-year house growth | +10.4% | -3.2% |
| 3-year house growth | +13.4% | - |
| Vacancy rate | 0.6% | - |
| Population | 5,641 | 281 |
Albanvale vs Balmoral: what the numbers say
On cash flow, Balmoral leads: houses there return a gross rental yield of 5.55%, compared with 3.74% in Albanvale, a gap of 1.81 percentage points.
Over the past year house prices moved +10.4% in Albanvale and -3.2% in Balmoral, so recent momentum favours Albanvale, while Balmoral went backwards.
Albanvale is the bigger suburb, with a population of 5,641 against 281, roughly 20 times the size of Balmoral; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Balmoral for rental income, Albanvale for recent price momentum. 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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