Alfredton vs Nurrabiel
Property investment comparison - Alfredton, VIC 3350 vs Nurrabiel, VIC 3401
Head-to-head across core investment metrics: Alfredton wins 2, Nurrabiel 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.
| Metric | Alfredton | Nurrabiel |
|---|---|---|
| Median house price | $660K | $665K |
| Median unit price | $410K | - |
| Gross rental yield (houses) | 3.78% | 2.90% |
| Gross rental yield (units) | 4.73% | - |
| 1-year house growth | +10.9% | - |
| 3-year house growth | +3.1% | - |
| Vacancy rate | 1.3% | - |
| Population | 11,822 | 43 |
Alfredton vs Nurrabiel: what the numbers say
The median house price is $660K in Alfredton and $665K in Nurrabiel, so Alfredton is the cheaper entry point, with Nurrabiel houses about 1% dearer.
On cash flow, Alfredton leads: houses there return a gross rental yield of 3.78%, compared with 2.90% in Nurrabiel, a gap of 0.88 percentage points.
Alfredton is the bigger suburb, with a population of 11,822 against 43, roughly 275 times the size of Nurrabiel; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Alfredton for rental income, Alfredton for a lower purchase price. 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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