Albert Park vs Glen Iris
Property investment comparison - Albert Park, VIC 3206 vs Glen Iris, VIC 3146
Head-to-head across core investment metrics: Albert Park wins 1, Glen Iris 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 | Glen Iris |
|---|---|---|
| Median house price | $2.5M | $2.4M |
| Median unit price | - | $720K |
| Gross rental yield (houses) | - | 2.46% |
| Gross rental yield (units) | 3.19% | 4.70% |
| 1-year house growth | +1.4%estimate | -2.3%estimate |
| 3-year house growth | - | - |
| Vacancy rate | 1.8% | 1.8% |
| Population | 6,044 | 26,131 |
Albert Park vs Glen Iris: what the numbers say
The median house price is $2.5M in Albert Park and $2.4M in Glen Iris, so Glen Iris is the cheaper entry point, with Albert Park houses about 1% dearer.
Over the past year house prices moved +1.4% in Albert Park (an estimate) and -2.3% in Glen Iris (an estimate), so recent momentum favours Albert Park, while Glen Iris went backwards.
Rental vacancy is the same in both, at 1.8%.
Glen Iris is the bigger suburb, with a population of 26,131 against 6,044, roughly 4.3 times the size of Albert Park; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Glen Iris for a lower purchase price, Albert Park for recent price momentum. 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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