Avenel vs Peterborough
Property investment comparison - Avenel, VIC 3664 vs Peterborough, VIC 3270
Head-to-head across core investment metrics: Avenel wins 3, Peterborough 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 | Avenel | Peterborough |
|---|---|---|
| Median house price | $635K | $640K |
| Median unit price | - | $385K |
| Gross rental yield (houses) | 3.81% | 4.06% |
| Gross rental yield (units) | 5.01% | 2.78% |
| 1-year house growth | +5.5%estimate | -5.2%estimate |
| 3-year house growth | - | - |
| Vacancy rate | 1.0% | - |
| Population | 1,112 | 322 |
Avenel vs Peterborough: what the numbers say
The median house price is $635K in Avenel and $640K in Peterborough, so Avenel is the cheaper entry point, with Peterborough houses about 1% dearer.
On cash flow, Peterborough leads: houses there return a gross rental yield of 4.06%, compared with 3.81% in Avenel, a gap of 0.25 percentage points.
Over the past year house prices moved +5.5% in Avenel (an estimate) and -5.2% in Peterborough (an estimate), so recent momentum favours Avenel, while Peterborough went backwards.
Avenel is the bigger suburb, with a population of 1,112 against 322, roughly 3.5 times the size of Peterborough; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Peterborough for rental income, Avenel for a lower purchase price, Avenel for recent price momentum. 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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