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Albanvale vs Serpentine

Property investment comparison - Albanvale, VIC 3021 vs Serpentine, VIC 3517

Head-to-head across core investment metrics: Albanvale wins 2, Serpentine 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.

MetricAlbanvaleSerpentine
Median house price$690K-
Median unit price-$175K
Gross rental yield (houses)3.74%3.21%
Gross rental yield (units)5.00%-
1-year house growth+10.4%-
3-year house growth+13.4%-
Vacancy rate0.6%2.9%
Population5,641222

Albanvale vs Serpentine: what the numbers say

On cash flow, Albanvale leads: houses there return a gross rental yield of 3.74%, compared with 3.21% in Serpentine, a gap of 0.53 percentage points.

Rental vacancy is 0.6% in Albanvale and 2.9% in Serpentine, 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 222, roughly 25 times the size of Serpentine; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Albanvale 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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