Alfredton vs Woomelang
Property investment comparison - Alfredton, VIC 3350 vs Woomelang, VIC 3485
Head-to-head across core investment metrics: Alfredton wins 1, Woomelang 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.
| Metric | Alfredton | Woomelang |
|---|---|---|
| Median house price | $670K | - |
| Median unit price | $420K | $470K |
| Gross rental yield (houses) | 3.75% | - |
| Gross rental yield (units) | 4.74% | - |
| 1-year house growth | +11.1%estimate | +20.5% |
| 3-year house growth | - | +12.3% |
| Vacancy rate | 1.9% | - |
| Population | 11,822 | 191 |
Alfredton vs Woomelang: what the numbers say
For units, Alfredton sits at a median of $420K against $470K in Woomelang, which makes Alfredton the more affordable unit market and Woomelang the pricier one.
Over the past year house prices moved +11.1% in Alfredton (an estimate) and +20.5% in Woomelang, so recent momentum favours Woomelang, although both suburbs recorded growth.
Alfredton is the bigger suburb, with a population of 11,822 against 191, roughly 62 times the size of Woomelang; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Woomelang for recent price momentum. 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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