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Allambee Reserve vs Venus Bay

Property investment comparison - Allambee Reserve, VIC 3871 vs Venus Bay, VIC 3956

Head-to-head across core investment metrics: Allambee Reserve wins 1, Venus Bay 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.

MetricAllambee ReserveVenus Bay
Median house price$485K$490K
Median unit price-$495K
Gross rental yield (houses)-4.33%
Gross rental yield (units)-2.49%
1-year house growth-+0.9%
3-year house growth--30.0%
Vacancy rate7.1%1.1%
Population96904

Allambee Reserve vs Venus Bay: what the numbers say

The median house price is $485K in Allambee Reserve and $490K in Venus Bay, so Allambee Reserve is the cheaper entry point, with Venus Bay houses about 1% dearer.

Rental vacancy is 1.1% in Venus Bay and 7.1% in Allambee Reserve, so landlords in Venus Bay face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Venus Bay is the bigger suburb, with a population of 904 against 96, roughly 9 times the size of Allambee Reserve; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Allambee Reserve for a lower purchase price, Venus Bay 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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