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Albanvale vs Woorarra East

Property investment comparison - Albanvale, VIC 3021 vs Woorarra East, VIC 3962

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

MetricAlbanvaleWoorarra East
Median house price$690K-
Median unit price--
Gross rental yield (houses)3.74%2.02%
Gross rental yield (units)5.00%-
1-year house growth+10.4%-
3-year house growth+13.4%-
Vacancy rate0.6%0.9%
Population5,64143

Albanvale vs Woorarra East: what the numbers say

On cash flow, Albanvale leads: houses there return a gross rental yield of 3.74%, compared with 2.02% in Woorarra East, a gap of 1.72 percentage points.

Rental vacancy is 0.6% in Albanvale and 0.9% in Woorarra 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 43, roughly 131 times the size of Woorarra East; 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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