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Albanvale vs Marungi

Property investment comparison - Albanvale, VIC 3021 vs Marungi, VIC 3634

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

MetricAlbanvaleMarungi
Median house price$690K-
Median unit price-$710K
Gross rental yield (houses)3.74%5.36%
Gross rental yield (units)5.00%-
1-year house growth+10.4%-
3-year house growth+13.4%-
Vacancy rate0.6%5.3%
Population5,64198

Albanvale vs Marungi: what the numbers say

On cash flow, Marungi leads: houses there return a gross rental yield of 5.36%, compared with 3.74% in Albanvale, a gap of 1.62 percentage points.

Rental vacancy is 0.6% in Albanvale and 5.3% in Marungi, 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 98, roughly 58 times the size of Marungi; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Marungi 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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