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Albanvale vs Shepparton East

Property investment comparison - Albanvale, VIC 3021 vs Shepparton East, VIC 3631

Head-to-head across core investment metrics: Albanvale wins 3, Shepparton East 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.

MetricAlbanvaleShepparton East
Median house price$690K-
Median unit price-$575K
Gross rental yield (houses)3.74%-
Gross rental yield (units)5.00%3.92%
1-year house growth+10.4%+4.5%
3-year house growth+13.4%-
Vacancy rate0.6%1.1%
Population5,6411,192

Albanvale vs Shepparton East: what the numbers say

Over the past year house prices moved +10.4% in Albanvale and +4.5% in Shepparton East, so recent momentum favours Albanvale, although both suburbs recorded growth.

Rental vacancy is 0.6% in Albanvale and 1.1% in Shepparton East, 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 1,192, roughly 4.7 times the size of Shepparton East; 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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