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Albanvale vs Wonga

Property investment comparison - Albanvale, VIC 3021 vs Wonga, VIC 3960

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

MetricAlbanvaleWonga
Median house price$690K-
Median unit price-$695K
Gross rental yield (houses)3.74%-
Gross rental yield (units)5.00%-
1-year house growth+10.4%-
3-year house growth+13.4%-
Vacancy rate0.6%1.3%
Population5,64144

Albanvale vs Wonga: what the numbers say

Rental vacancy is 0.6% in Albanvale and 1.3% in Wonga, 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 44, roughly 128 times the size of Wonga; 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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