Albert Park vs Eaglemont
Property investment comparison - Albert Park, VIC 3206 vs Eaglemont, VIC 3084
Head-to-head across core investment metrics: Albert Park wins 1, Eaglemont wins 3. 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.
| Metric | Albert Park | Eaglemont |
|---|---|---|
| Median house price | $2.5M | $2.4M |
| Median unit price | - | $820K |
| Gross rental yield (houses) | - | 1.93% |
| Gross rental yield (units) | 3.19% | 3.24% |
| 1-year house growth | +1.4%estimate | -2.8% |
| 3-year house growth | - | +1.5% |
| Vacancy rate | 1.8% | 1.3% |
| Population | 6,044 | 3,960 |
Albert Park vs Eaglemont: what the numbers say
The median house price is $2.5M in Albert Park and $2.4M in Eaglemont, so Eaglemont is the cheaper entry point, with Albert Park houses about 2% dearer.
Over the past year house prices moved +1.4% in Albert Park (an estimate) and -2.8% in Eaglemont, so recent momentum favours Albert Park, while Eaglemont went backwards.
Rental vacancy is 1.3% in Eaglemont and 1.8% in Albert Park, so landlords in Eaglemont face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.
Albert Park is the bigger suburb, with a population of 6,044 against 3,960, larger than Eaglemont; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Eaglemont for a lower purchase price, Albert Park for recent price momentum, Eaglemont for the tighter rental market. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.
Keep exploring
- National investment guide - top suburbs across every metric
- Take the suburb finder quiz - 5 questions to match your goals
- How our investment score works
- Property investment glossary - every term defined
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