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Albion vs Murrayville

Property investment comparison - Albion, VIC 3020 vs Murrayville, VIC 3512

Head-to-head across core investment metrics: Albion wins 1, Murrayville 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.

MetricAlbionMurrayville
Median house price$800K-
Median unit price-$260K
Gross rental yield (houses)3.44%-
Gross rental yield (units)5.97%-
1-year house growth+4.7%estimate-
3-year house growth--
Vacancy rate1.5%5.6%
Population4,334278

Albion vs Murrayville: what the numbers say

Rental vacancy is 1.5% in Albion and 5.6% in Murrayville, so landlords in Albion face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Albion is the bigger suburb, with a population of 4,334 against 278, roughly 16 times the size of Murrayville; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Albion 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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