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Albanvale vs Budgeree

Property investment comparison - Albanvale, VIC 3021 vs Budgeree, VIC 3870

Head-to-head across core investment metrics: Albanvale wins 2, Budgeree 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.

MetricAlbanvaleBudgeree
Median house price$690K-
Median unit price--
Gross rental yield (houses)3.74%3.50%
Gross rental yield (units)5.00%-
1-year house growth+10.4%-
3-year house growth+13.4%-
Vacancy rate0.6%1.9%
Population5,641146

Albanvale vs Budgeree: what the numbers say

On cash flow, Albanvale leads: houses there return a gross rental yield of 3.74%, compared with 3.50% in Budgeree, a gap of 0.24 percentage points.

Rental vacancy is 0.6% in Albanvale and 1.9% in Budgeree, 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 146, roughly 39 times the size of Budgeree; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Albanvale for rental income, Albanvale 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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Albanvale vs Budgeree: Property Investment Comparison (2026)