Allans Flat vs Yarraville
Property investment comparison - Allans Flat, VIC 3691 vs Yarraville, VIC 3013
Head-to-head across core investment metrics: Allans Flat wins 2, Yarraville wins 3. 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 | Allans Flat | Yarraville |
|---|---|---|
| Median house price | $1.2M | $1.2M |
| Median unit price | $485K | $620K |
| Gross rental yield (houses) | 2.93% | 3.10% |
| Gross rental yield (units) | 3.90% | 5.12% |
| 1-year house growth | - | +0.8% |
| 3-year house growth | - | +9.1% |
| Vacancy rate | 2.3% | 0.7% |
| Population | 297 | 15,636 |
Allans Flat vs Yarraville: what the numbers say
The median house price is $1.2M in Allans Flat and $1.2M in Yarraville, so Allans Flat is the cheaper entry point, with Yarraville houses about 1% dearer.
For units, Allans Flat sits at a median of $485K against $620K in Yarraville, which makes Allans Flat the more affordable unit market and Yarraville the pricier one.
On cash flow, Yarraville leads: houses there return a gross rental yield of 3.10%, compared with 2.93% in Allans Flat, a gap of 0.17 percentage points.
Rental vacancy is 0.7% in Yarraville and 2.3% in Allans Flat, so landlords in Yarraville face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.
Yarraville is the bigger suburb, with a population of 15,636 against 297, roughly 53 times the size of Allans Flat; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Yarraville for rental income, Allans Flat for a lower purchase price, Yarraville for the tighter rental market. 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
Compare any 2-4 Australian suburbs
Build your own multi-suburb comparison with the full interactive tool.
Open interactive comparison