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Alfredton vs Tennyson

Property investment comparison - Alfredton, VIC 3350 vs Tennyson, VIC 3572

Head-to-head across core investment metrics: Alfredton wins 1, Tennyson wins 1. 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.

MetricAlfredtonTennyson
Median house price$660K$665K
Median unit price$410K$60K
Gross rental yield (houses)3.78%-
Gross rental yield (units)4.73%-
1-year house growth+10.9%-
3-year house growth+3.1%-
Vacancy rate1.3%-
Population11,82260

Alfredton vs Tennyson: what the numbers say

The median house price is $660K in Alfredton and $665K in Tennyson, so Alfredton is the cheaper entry point, with Tennyson houses about 1% dearer.

For units, Alfredton sits at a median of $410K against $60K in Tennyson, which makes Tennyson the more affordable unit market and Alfredton the pricier one.

Alfredton is the bigger suburb, with a population of 11,822 against 60, roughly 197 times the size of Tennyson; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Alfredton for a lower purchase price. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.

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