Alfredton vs Nyah
Property investment comparison - Alfredton, VIC 3350 vs Nyah, VIC 3594
Head-to-head across core investment metrics: Alfredton wins 2, Nyah 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 | Alfredton | Nyah |
|---|---|---|
| Median house price | $670K | - |
| Median unit price | $420K | $460K |
| Gross rental yield (houses) | 3.75% | 5.46% |
| Gross rental yield (units) | 4.74% | 1.94% |
| 1-year house growth | +11.1%estimate | +13.2% |
| 3-year house growth | - | - |
| Vacancy rate | 1.9% | 1.6% |
| Population | 11,822 | 536 |
Alfredton vs Nyah: what the numbers say
For units, Alfredton sits at a median of $420K against $460K in Nyah, which makes Alfredton the more affordable unit market and Nyah the pricier one.
On cash flow, Nyah leads: houses there return a gross rental yield of 5.46%, compared with 3.75% in Alfredton, a gap of 1.71 percentage points.
Over the past year house prices moved +11.1% in Alfredton (an estimate) and +13.2% in Nyah, so recent momentum favours Nyah, although both suburbs recorded growth.
Rental vacancy is 1.6% in Nyah and 1.9% in Alfredton, so landlords in Nyah 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 536, roughly 22 times the size of Nyah; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Nyah for rental income, Nyah for recent price momentum, Nyah 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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