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Alfredton vs Tol Tol

Property investment comparison - Alfredton, VIC 3350 vs Tol Tol, VIC 3549

Head-to-head across core investment metrics: Alfredton wins 2, Tol Tol 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.

MetricAlfredtonTol Tol
Median house price$670K-
Median unit price$420K$590K
Gross rental yield (houses)3.75%-
Gross rental yield (units)4.74%3.98%
1-year house growth+11.1%estimate-
3-year house growth--
Vacancy rate1.9%0.3%
Population11,822175

Alfredton vs Tol Tol: what the numbers say

For units, Alfredton sits at a median of $420K against $590K in Tol Tol, which makes Alfredton the more affordable unit market and Tol Tol the pricier one.

Rental vacancy is 0.3% in Tol Tol and 1.9% in Alfredton, so landlords in Tol Tol 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 175, roughly 68 times the size of Tol Tol; a larger suburb usually means a deeper pool of buyers and tenants.

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

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