Alfredton vs Gazette
Property investment comparison - Alfredton, VIC 3350 vs Gazette, VIC 3289
Head-to-head across core investment metrics: Alfredton wins 0, Gazette wins 2. 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 | Alfredton | Gazette |
|---|---|---|
| Median house price | $660K | $660K |
| Median unit price | $410K | - |
| Gross rental yield (houses) | 3.78% | 4.75% |
| Gross rental yield (units) | 4.73% | - |
| 1-year house growth | +10.9% | - |
| 3-year house growth | +3.1% | - |
| Vacancy rate | 1.3% | 1.1% |
| Population | 11,822 | 42 |
Alfredton vs Gazette: what the numbers say
Houses cost about the same in both suburbs: the median house price is $660K in Alfredton and $660K in Gazette.
On cash flow, Gazette leads: houses there return a gross rental yield of 4.75%, compared with 3.78% in Alfredton, a gap of 0.97 percentage points.
Rental vacancy is 1.1% in Gazette and 1.3% in Alfredton, so landlords in Gazette 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 42, roughly 281 times the size of Gazette; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Gazette for rental income, Gazette 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
Compare any 2-4 Australian suburbs
Build your own multi-suburb comparison with the full interactive tool.
Open interactive comparison