Skip to main content

Albanvale vs Bayles

Property investment comparison - Albanvale, VIC 3021 vs Bayles, VIC 3981

Head-to-head across core investment metrics: Albanvale wins 4, Bayles wins 0. 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.

MetricAlbanvaleBayles
Median house price$690K-
Median unit price-$525K
Gross rental yield (houses)3.74%2.27%
Gross rental yield (units)5.00%3.39%
1-year house growth+10.4%+9.7%
3-year house growth+13.4%-
Vacancy rate0.6%4.7%
Population5,641445

Albanvale vs Bayles: what the numbers say

On cash flow, Albanvale leads: houses there return a gross rental yield of 3.74%, compared with 2.27% in Bayles, a gap of 1.47 percentage points.

Over the past year house prices moved +10.4% in Albanvale and +9.7% in Bayles, so recent momentum favours Albanvale, although both suburbs recorded growth.

Rental vacancy is 0.6% in Albanvale and 4.7% in Bayles, so landlords in Albanvale face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Albanvale is the bigger suburb, with a population of 5,641 against 445, roughly 13 times the size of Bayles; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Albanvale for rental income, Albanvale for recent price momentum, Albanvale 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