Albion vs Irymple
Property investment comparison - Albion, VIC 3020 vs Irymple, VIC 3498
Head-to-head across core investment metrics: Albion wins 1, Irymple 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 | Albion | Irymple |
|---|---|---|
| Median house price | $800K | - |
| Median unit price | - | - |
| Gross rental yield (houses) | 3.44% | 4.30% |
| Gross rental yield (units) | 5.97% | 5.60% |
| 1-year house growth | +4.7%estimate | +11.3% |
| 3-year house growth | - | +30.5% |
| Vacancy rate | 1.5% | 1.3% |
| Population | 4,334 | 5,977 |
Albion vs Irymple: what the numbers say
On cash flow, Irymple leads: houses there return a gross rental yield of 4.30%, compared with 3.44% in Albion, a gap of 0.86 percentage points.
Over the past year house prices moved +4.7% in Albion (an estimate) and +11.3% in Irymple, so recent momentum favours Irymple, although both suburbs recorded growth.
Rental vacancy is 1.3% in Irymple and 1.5% in Albion, so landlords in Irymple face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.
Irymple is the bigger suburb, with a population of 5,977 against 4,334, larger than Albion; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Irymple for rental income, Irymple for recent price momentum, Irymple 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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