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Albanvale vs Toolern Vale

Property investment comparison - Albanvale, VIC 3021 vs Toolern Vale, VIC 3337

Head-to-head across core investment metrics: Albanvale wins 3, Toolern Vale 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.

MetricAlbanvaleToolern Vale
Median house price$690K-
Median unit price-$660K
Gross rental yield (houses)3.74%2.47%
Gross rental yield (units)5.00%3.04%
1-year house growth+10.4%-
3-year house growth+13.4%-
Vacancy rate0.6%3.3%
Population5,641818

Albanvale vs Toolern Vale: what the numbers say

On cash flow, Albanvale leads: houses there return a gross rental yield of 3.74%, compared with 2.47% in Toolern Vale, a gap of 1.27 percentage points.

Rental vacancy is 0.6% in Albanvale and 3.3% in Toolern Vale, 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 818, roughly 7 times the size of Toolern Vale; 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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