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Albanvale vs Mountain Bay

Property investment comparison - Albanvale, VIC 3021 vs Mountain Bay, VIC 3723

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

MetricAlbanvaleMountain Bay
Median house price$690K-
Median unit price-$675K
Gross rental yield (houses)3.74%3.74%
Gross rental yield (units)5.00%6.34%
1-year house growth+10.4%-
3-year house growth+13.4%-
Vacancy rate0.6%13.5%
Population5,64154

Albanvale vs Mountain Bay: what the numbers say

Gross rental yield on houses is effectively level, at 3.74% in Albanvale and 3.74% in Mountain Bay, so neither suburb has a cash flow edge on houses.

Rental vacancy is 0.6% in Albanvale and 13.5% in Mountain Bay, 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 54, roughly 104 times the size of Mountain Bay; 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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