Skip to main content

Alfredton vs Donnybrook

Property investment comparison - Alfredton, VIC 3350 vs Donnybrook, VIC 3064

Head-to-head across core investment metrics: Alfredton wins 4, Donnybrook 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.

MetricAlfredtonDonnybrook
Median house price$660K$660K
Median unit price$410K$565K
Gross rental yield (houses)3.78%-
Gross rental yield (units)4.73%4.41%
1-year house growth+10.9%+1.3%estimate
3-year house growth+3.1%-
Vacancy rate1.3%6.8%
Population11,8222,100

Alfredton vs Donnybrook: what the numbers say

Houses cost about the same in both suburbs: the median house price is $660K in Alfredton and $660K in Donnybrook.

For units, Alfredton sits at a median of $410K against $565K in Donnybrook, which makes Alfredton the more affordable unit market and Donnybrook the pricier one.

Over the past year house prices moved +10.9% in Alfredton and +1.3% in Donnybrook (an estimate), so recent momentum favours Alfredton, although both suburbs recorded growth.

Rental vacancy is 1.3% in Alfredton and 6.8% in Donnybrook, so landlords in Alfredton face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Alfredton is the bigger suburb, with a population of 11,822 against 2,100, roughly 6 times the size of Donnybrook; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Alfredton for recent price momentum, Alfredton for the tighter rental market. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.

Keep exploring

Compare any 2-4 Australian suburbs

Build your own multi-suburb comparison with the full interactive tool.

Open interactive comparison
Alfredton vs Donnybrook: Suburb Comparison 2026