Albanvale vs Olinda
Property investment comparison - Albanvale, VIC 3021 vs Olinda, VIC 3788
Head-to-head across core investment metrics: Albanvale wins 3, Olinda 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 | Olinda |
|---|---|---|
| Median house price | $690K | - |
| Median unit price | - | $1.2M |
| Gross rental yield (houses) | 3.74% | - |
| Gross rental yield (units) | 5.00% | - |
| 1-year house growth | +10.4% | +5.0% |
| 3-year house growth | +13.4% | -3.7% |
| Vacancy rate | 0.6% | 1.7% |
| Population | 5,641 | 1,773 |
Albanvale vs Olinda: what the numbers say
Over the past year house prices moved +10.4% in Albanvale and +5.0% in Olinda, so recent momentum favours Albanvale, although both suburbs recorded growth.
Looking back three years, Albanvale houses are +13.4% and Olinda houses -3.7%, so Albanvale has compounded faster than Olinda over the longer window.
Rental vacancy is 0.6% in Albanvale and 1.7% in Olinda, 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 1,773, roughly 3.2 times the size of Olinda; 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.
Keep exploring
- National investment guide - top suburbs across every metric
- Take the suburb finder quiz - 5 questions to match your goals
- How our investment score works
- Property investment glossary - every term defined
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