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Allambee vs Maiden Gully

Property investment comparison - Allambee, VIC 3823 vs Maiden Gully, VIC 3551

Head-to-head across core investment metrics: Allambee wins 3, Maiden Gully wins 0. 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.

MetricAllambeeMaiden Gully
Median house price$865K$865K
Median unit price$440K$680K
Gross rental yield (houses)-4.00%
Gross rental yield (units)5.07%3.91%
1-year house growth-+7.6%
3-year house growth-+2.7%
Vacancy rate0.5%2.0%
Population245,407

Allambee vs Maiden Gully: what the numbers say

Houses cost about the same in both suburbs: the median house price is $865K in Allambee and $865K in Maiden Gully.

For units, Allambee sits at a median of $440K against $680K in Maiden Gully, which makes Allambee the more affordable unit market and Maiden Gully the pricier one.

Rental vacancy is 0.5% in Allambee and 2.0% in Maiden Gully, so landlords in Allambee face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Maiden Gully is the bigger suburb, with a population of 5,407 against 24, roughly 225 times the size of Allambee; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Allambee 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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