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Albanvale vs Costerfield

Property investment comparison - Albanvale, VIC 3021 vs Costerfield, VIC 3523

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

MetricAlbanvaleCosterfield
Median house price$690K-
Median unit price-$785K
Gross rental yield (houses)3.74%4.45%
Gross rental yield (units)5.00%2.51%
1-year house growth+10.4%-
3-year house growth+13.4%-
Vacancy rate0.6%5.2%
Population5,64170

Albanvale vs Costerfield: what the numbers say

On cash flow, Costerfield leads: houses there return a gross rental yield of 4.45%, compared with 3.74% in Albanvale, a gap of 0.71 percentage points.

Rental vacancy is 0.6% in Albanvale and 5.2% in Costerfield, 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 70, roughly 81 times the size of Costerfield; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Costerfield 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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