Altona Meadows vs Willung
Property investment comparison - Altona Meadows, VIC 3028 vs Willung, VIC 3847
Head-to-head across core investment metrics: Altona Meadows wins 0, Willung wins 2. 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 | Altona Meadows | Willung |
|---|---|---|
| Median house price | $775K | $775K |
| Median unit price | $560K | - |
| Gross rental yield (houses) | 3.65% | - |
| Gross rental yield (units) | 4.37% | 5.74% |
| 1-year house growth | +5.4% | - |
| 3-year house growth | +11.6% | - |
| Vacancy rate | 1.5% | 1.2% |
| Population | 18,479 | 77 |
Altona Meadows vs Willung: what the numbers say
Houses cost about the same in both suburbs: the median house price is $775K in Altona Meadows and $775K in Willung.
Rental vacancy is 1.2% in Willung and 1.5% in Altona Meadows, so landlords in Willung face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.
Altona Meadows is the bigger suburb, with a population of 18,479 against 77, roughly 240 times the size of Willung; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Willung 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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Altona Meadows, VIC 3028
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