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Albanvale vs Mansfield

Property investment comparison - Albanvale, VIC 3021 vs Mansfield, VIC 3722

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

MetricAlbanvaleMansfield
Median house price$690K-
Median unit price-$605K
Gross rental yield (houses)3.74%-
Gross rental yield (units)5.00%4.71%
1-year house growth+10.4%+1.3%
3-year house growth+13.4%-9.3%
Vacancy rate0.6%0.9%
Population5,6415,541

Albanvale vs Mansfield: what the numbers say

Over the past year house prices moved +10.4% in Albanvale and +1.3% in Mansfield, so recent momentum favours Albanvale, although both suburbs recorded growth.

Looking back three years, Albanvale houses are +13.4% and Mansfield houses -9.3%, so Albanvale has compounded faster than Mansfield over the longer window.

Rental vacancy is 0.6% in Albanvale and 0.9% in Mansfield, 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 5,541, larger than Mansfield; a larger suburb usually means a deeper pool of buyers and tenants.

In short: 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.

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