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Albanvale vs Charleroi

Property investment comparison - Albanvale, VIC 3021 vs Charleroi, VIC 3695

Head-to-head across core investment metrics: Albanvale wins 1, Charleroi wins 1. 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.

MetricAlbanvaleCharleroi
Median house price$690K-
Median unit price-$400K
Gross rental yield (houses)3.74%4.37%
Gross rental yield (units)5.00%3.74%
1-year house growth+10.4%-
3-year house growth+13.4%-
Vacancy rate0.6%-
Population5,64182

Albanvale vs Charleroi: what the numbers say

On cash flow, Charleroi leads: houses there return a gross rental yield of 4.37%, compared with 3.74% in Albanvale, a gap of 0.63 percentage points.

Albanvale is the bigger suburb, with a population of 5,641 against 82, roughly 69 times the size of Charleroi; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Charleroi for rental income. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.

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