Allendale vs Delacombe
Property investment comparison - Allendale, VIC 3364 vs Delacombe, VIC 3356
Head-to-head across core investment metrics: Allendale wins 1, Delacombe 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 | Allendale | Delacombe |
|---|---|---|
| Median house price | $600K | $600K |
| Median unit price | $450K | - |
| Gross rental yield (houses) | 4.16% | 3.84% |
| Gross rental yield (units) | 1.82% | - |
| 1-year house growth | - | +13.8% |
| 3-year house growth | - | +12.9% |
| Vacancy rate | 1.5% | 0.6% |
| Population | 185 | 5,408 |
Allendale vs Delacombe: what the numbers say
Houses cost about the same in both suburbs: the median house price is $600K in Allendale and $600K in Delacombe.
On cash flow, Allendale leads: houses there return a gross rental yield of 4.16%, compared with 3.84% in Delacombe, a gap of 0.32 percentage points.
Rental vacancy is 0.6% in Delacombe and 1.5% in Allendale, so landlords in Delacombe face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.
Delacombe is the bigger suburb, with a population of 5,408 against 185, roughly 29 times the size of Allendale; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Allendale for rental income, Delacombe 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
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