Albanvale vs Irrewillipe East
Property investment comparison - Albanvale, VIC 3021 vs Irrewillipe East, VIC 3249
Head-to-head across core investment metrics: Albanvale wins 1, Irrewillipe East 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.
| Metric | Albanvale | Irrewillipe East |
|---|---|---|
| Median house price | $690K | - |
| Median unit price | - | - |
| Gross rental yield (houses) | 3.74% | - |
| Gross rental yield (units) | 5.00% | - |
| 1-year house growth | +10.4% | - |
| 3-year house growth | +13.4% | - |
| Vacancy rate | 0.6% | 0.8% |
| Population | 5,641 | 84 |
Albanvale vs Irrewillipe East: what the numbers say
Rental vacancy is 0.6% in Albanvale and 0.8% in Irrewillipe East, 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 84, roughly 67 times the size of Irrewillipe East; a larger suburb usually means a deeper pool of buyers and tenants.
In short: 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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Irrewillipe East, VIC 3249
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