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Almurta vs South Kingsville

Property investment comparison - Almurta, VIC 3979 vs South Kingsville, VIC 3015

Head-to-head across core investment metrics: Almurta wins 3, South Kingsville 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.

MetricAlmurtaSouth Kingsville
Median house price$1.0M$1.0M
Median unit price$190K$895K
Gross rental yield (houses)2.04%3.60%
Gross rental yield (units)9.53%2.80%
1-year house growth--9.3%
3-year house growth--20.2%
Vacancy rate-2.2%
Population662,156

Almurta vs South Kingsville: what the numbers say

The median house price is $1.0M in Almurta and $1.0M in South Kingsville, so Almurta is the cheaper entry point, with South Kingsville houses about 1% dearer.

For units, Almurta sits at a median of $190K against $895K in South Kingsville, which makes Almurta the more affordable unit market and South Kingsville the pricier one.

On cash flow, South Kingsville leads: houses there return a gross rental yield of 3.60%, compared with 2.04% in Almurta, a gap of 1.56 percentage points.

South Kingsville is the bigger suburb, with a population of 2,156 against 66, roughly 33 times the size of Almurta; a larger suburb usually means a deeper pool of buyers and tenants.

In short: South Kingsville for rental income, Almurta for a lower purchase price. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.

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Almurta vs South Kingsville: Suburb Comparison 2026